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Hogan Lovells is "an excellent firm that helped deliver a remarkable result where all parties benefited." Chambers UK, 2019

"The ‘impressive’ Hogan Lovells International LLP has ‘one of the best non-contentious pensions teams in the country’." Legal 500 UK, 2012

Employment, Pensions and Benefits Team of the Year for our work advising the Kodak Pension Plan. Legal Business, 2014

Pensions360

Our Pensions360 approach covers our broad cross-practice capability to deliver the full spectrum of legal advice to pension clients.

"Hogan Lovells demonstrated great knowledge of the sector and were able to explain clearly the risks and outline possible solutions to non pensions experts." Employer client

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Our Pension Planner enables pension scheme trustees, sponsoring employers and pension managers to navigate the legal and regulatory developments that could affect them in the short, medium and long term.

Most Innovative Law Firm in Corporate and Commercial Law, FT Innovative Lawyer Awards 2014

"Hogan Lovells have certainly enabled me to deliver projects at a level that exceeds even my expectations and that's saying something." Employer client

"I would also add that Hogan Lovells' attention to client service was truly excellent - you could not wish to deal with a nicer group of people and always felt you were in safe hands." Employer client

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"Sterling effort from all involved. I understand now why you are referred to as World Class advisors ." Trustee client

Winners of the Innovation Award for our work advising the Kodak Pension Plan. European Pensions Awards 2014.

Top ranked for Pensions advice. Legal 500 UK, 2019

UK Pensions Publications & News

Browse the items below for our latest UK pension news and publications. We publish regular email alerts on recent developments and pension legal updates as well as briefing notes written by our pensions lawyers taking an in depth view of topical issues affecting the pensions industry. Take a look at our press releases to read about our recent work highlights.

 
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DB pension Superfunds are go!

18 June 2020

The Pensions Regulator has issued guidance for supervising the commercial consolidation of defined benefit (DB) pension schemes into Superfunds.  Consolidation into "Superfunds" may be an attractive option for employers wishing to discharge their pension obligations where the cost of a traditional buy out with an insurance company is beyond reach. After transfer to a Superfund the link with the employer will be severed.  At the same time, a Superfund is expected to provide a robust level of security for members' benefits.

Read more

Pensions and the Coronavirus Job Retention Scheme: what employers and trustees should know

14 May 2020

The government's Coronavirus Job Retention Scheme (CJRS) has thrown a lifeline to many employers and to their employees who might otherwise have lost their jobs in the current Covid-19 crisis.  For employers taking advantage of the CJRS (and the trustees of an employer's pension scheme), the scheme gives rise to several pensions-related issues, in particular:

  • how pension contributions should be calculated;
  • dealing with salary sacrifice arrangements;
  • reducing contributions to the auto-enrolment minimum;
  • auto-enrolment duties in respect of furloughed employees;
  • the impact on benefits from open defined benefit (DB) schemes;
  • the position of furloughed trustees; and
  • life assurance benefits.

Our attached note sets out our current understanding of how these issues may be addressed, based on the recently issued Direction from HM Treasury and updated guidance from HMRC and the Pensions Regulator. 

Read more

tPR guidance for employers: auto-enrolment and pension contributions

9 April 2020

The Pensions Regulator has published guidance on how it expects pension contributions to be paid during the current pandemic and, in particular, in respect of employees on furloughed leave. 

read article

Coronavirus: actions for pension trustees

26 March 2020

The COVID 19 crisis has changed the landscape for pension scheme trustees. 

The note discusses the potential impacts and actions trustees should consider taking in relation to the following areas:

  • Governance
  • Maintaining business as usual
  • Investment
  • Funding and covenant issues
  • Pension Protection Fund
  • Contributions and benefits
  • Death benefits
  • Transfers out
  • Regulation
  • Current projects
  • Disputes

To discuss any issues arising from this note, please speak to your usual Hogan Lovells contact, or alternatively one of our pensions partners.

Read more

PPF contingent assets: Coronavirus update

18 March 2020

The Pension Protection Fund (PPF) has issued a helpful statement concerning the practicalities of certifying contingent assets in the current, highly-unusual, circumstances. 

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New offences, penalties and powers for the Pensions Regulator: whats employers and trustees should know

19 February 2020

As expected, following the general election the new government has reintroduced the Pension Schemes Bill and is taking forward changes consulted on in 2018.  The Bill will significantly increase the Pension Regulator's powers to require support for defined benefit (DB) pension schemes.

Read More

New criminal offences and unlimited fines: what employers need to know about the Pensions Regulator's new powers

19 February 2020

After the Carillion and BHS debacles, the Pensions Regulator (tPR) announced it was going to be "clearer, quicker and tougher". The new Pension Schemes Bill (the Bill) currently going through Parliament will give tPR significant new powers so it can beef up its approach.  Corporate groups with defined benefit pension (DB) schemes should understand the Bill’s new requirements because failure to comply could result in large fines or being charged with a criminal offence.

Read more

Equalising for the effect of GMPs: where are we now?

1 November 2019

A year has passed since the High Court's landmark judgment in the Lloyds case confirmed that pension schemes must equalise for the effect of guaranteed minimum pensions (GMPs).  The Court gave some clarity as to how GMPs must be equalised, although many more questions remain unanswered...

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Pension Alerter September 2019

19 September 2019

Hogan Lovells pension group is delighted to send you our September e-newsletter. 

Featured are points regarding the new investment legislation, latest Pensions Ombudsman cases and a High Court case regarding tax issues.

 

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Pension scheme investment: what's new?

19 September 2019

Pension scheme investment and governance have been occupying policymakers and regulators both in the UK and in Europe.  Pension trustees are faced with a challenging array of new requirements, recommendations, statements of good practice and consultation proposals coming from a wide range of sources....

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GMP equalisation through conversion

11 June 2019

This note sets out the DWP's approach to GMP conversion and highlights some of the issues trustees and employers should consider before undertaking a conversion exercise. 

Read more


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