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Employment Bulletin - July 2020 Topics covered in this bulletin:
DB Superfunds – “Unique opportunities and risks to members benefits” – The Pensions Regulator (“TPR”) publishes details of interim regime The Pensions Regulator has recently published details of the interim regime for DB superfunds. In this update we consider the detail of the interim regime and some of the key considerations for sponsors and trustees.
Incentives Bulletin - July 2020 Restricted share plans; HMRC Employment Related Securities Bulletin; COVID-19; Employment-related securities options; Tax deductibility of share plan expenses; Accelerated Payment Notices
Pensions Bulletin - June 2020 COVID-19; DB consolidators; DC Chair’s Statement; fiduciary management and investment consultancy compliance statements; FCA policy statement DB transfers; Corporate Insolvency and Governance Bill; PPF compensation
Flexible furlough - further guidance On 12 June 2020 the government published more detailed guidance on the changes to the Coronavirus Job Retention Scheme (CJRS) which will take effect in ‘Phase Two’ of the scheme, from 1 July 2020. These changes were outlined in our previous...
Employment Bulletin - June 2020 Topics covered in this bulletin:
Flexible furlough - where next for the Coronavirus Job Retention Scheme? This publication considers the amendments to the Coronavirus Job Retention Scheme announced by the Chancellor on 29 May 2020. These include additional flexibility for employees to work part time during furlough, and increasing employer contributions to...
Pensions Bulletin - May 2020 COVID-19; The Pension Regulator’s Annual Funding Statement; cases preventing switches to CPI-linked increases; non-financial investment considerations; notify member of changes to late retirement factors
COVID-19: Charities and an update to UK government support An update to UK Government support to charities during COVID-19.
Resuming operations after COVID-19 lockdown: What are the employment implications? This briefing outlines the main employment law issues and practical steps which employers should consider when planning how to move beyond the current lockdown.
Pensions Bulletin - April 2020 COVID-19; Funding and Investment; Regulatory easements; Job Retention Scheme; DB Transfers; Pension Schemes Bill; GMP Data Rectification; Brexit Transition Period
Incentives Bulletin - April 2020 Budget; consultation on EMI schemes; annual capital gains tax allowance; COVID-19; IR35 reforms; interest on employment-related loans; “loan charge” review
COVID-19: What charities should consider in the COVID-19 pandemic Charities: What to consider in the current environment including UK Government support in response to COVID-19
Coronavirus Job Retention Scheme and Compensation for Employer Pension Contributions COVID-19; CJRS; Compensation for employer pension contributions; calculation of employer pension compensation; salary sacrifice arrangements; amending DC arrangements
COVID-19: The Pensions Regulator's Announced Easements This update examines the Pensions Regulator's announcement of further easements for pension schemes as a result of the impact of COVID-19 that will stay in place until at least 30 June 2020.