Pensions and Employment

Pensions and employment law and practice is experiencing an unprecedented period of change.

Faced with final salary schemes that are no longer affordable, employers are restructuring their pension arrangements. However, pensions law can affect an employer's ability to make such changes and require employers to consult members on their proposals.

The Pensions Regulator has extensive powers to compel employers and those associated with them to contribute to shortfalls in pension schemes or provide financial support to pension schemes. The Finance Act 2004 which was implemented in April 2006 also resulted in a radical overhaul of pensions taxation.

In the employment sphere, we continue to seek pragmatic and practical solutions for our clients in the constantly evolving sphere of employment legislation. 

Our Pensions and Employment group is committed to keeping clients fully up to date and to helping them absorb all of these changes as quickly and efficiently as possible.