In the determination dated 8 May 2026 relating to the European Metal Recycling Limited Pension and Life Assurance Scheme (CAS -85140-P4M5) TPO considered different types of forfeiture clauses and reviewed case law such as Lloyds Banking Group Pensions Trustees Ltd
More about Pensions Ombudsman upholds Executor’s claim to past pension paymentsProcessing sensitive and special category data increases the risks of data breaches. Pension schemes are attractive targets for cyber-attacks, for example, the attack suffered by Capita in March 2023. Schemes are exposed to significant financial and reputational risk. Last year
More about Data protection – vulnerability of pension schemesNot a day goes by without some shift in the UK economic landscape. Against a backdrop of continual tax reform, evolving regulation, and an ever-present political undercurrent, stability can often feel elusive. As we look ahead to the remainder of
More about Globally Speaking – June 2026From 6 April 2027, many unused pension funds and pension death benefits under registered pension schemes will be brought into a deceased person’s estate for inheritance tax (“IHT”) purposes. This marks a significant shift – for years, pensions have been
More about Planning for major change: relevant unused pension funds and pension death benefits will become subject to inheritance tax from 6 April 2027For internationally mobile individuals, the UK’s post-6 April 2025 tax landscape requires careful forward planning. Two milestones will often be particularly significant: the end of the four-year period under the foreign income and gains (FIG) regime for recent arrivers; and
More about International mobility and UK tax: planning for two critical milestonesTrust Registration Service Under the current framework, a non UK trust is generally required to register on the TRS only in limited circumstances. These include where the trust directly acquires UK land on or after 6 October 2020, incurs a
More about Update on the UK’s Trust Registration Service and Register of Overseas EntitiesThe UK has completed a significant shift in its immigration system, replacing physical residence permits and passport endorsements with a fully digital model centred on electronic visa records, known as eVisas. Overseas nationals living in the UK or applying for
More about Goodbye cards, hello codes: the shift to UK eVisas explainedLimited Liability Companies are common vehicles used for investing in the US. They are often seen as necessary for non-tax reasons, such as providing protection from the relatively litigious legal landscape in the US. For example, we understand that they
More about Potential changes to the taxation of Limited Liability Companies in the UKPlease see our article below “Legislation blockbusters – an overview”. The Acts are only the beginning – many hundreds of pages of Consultations and Regulations will follow. Scheme trustees and employers must also keep up to date with other current
More about Pensions Compass – June 2026PARLIAMENT Effective Date Effect Recent Acts FINANCE ACT 2026 Royal Assent 18 March 2026 The Bill was introduced in Parliament following the Budget on 26 November 2025. Inheritance Tax on certain death benefits under registered pension schemes
More about Pensions Ready Reckoner – June 2026