| 1 | Closing defined benefit schemes to future accrual: overview This note examines some key issues for employers and trustees connected to an employer proposal to close a defined benefit pension scheme to future benefit accrual. | Practice note: overview | Maintained |
| 2 | Statutory debt on the employer: overview This practice note looks at the circumstances in which the trustees of a salary-related pension scheme may claim against the scheme's employer for any shortfall in the scheme assets if the employer becomes insolvent, the scheme wind up or, in the case of a multi-employer scheme, a participating employer stops participating while the scheme continues. The trustees' claim amounts to an employer debt under section 75 of the Pensions Act 1995. This note summarises how a section 75 debt can be triggered and how it should be quantified. | Practice note: overview | Maintained |
| 3 | Debt equity swaps: can banks be liable for financial support ... This practice note examines the risk that the Pensions Regulator may order financial support directions against a company's bank, in particular if the bank holds an equity stake in the business. | Practice notes | Maintained |
| 4 | GAD passports and broad comparability: overview This note gives an overview of the issues facing private sector contractors providing a broadly comparable pension scheme as part of a public sector outsourcing. | Practice notes | Maintained |
| 5 | Hard times: pensions implications of the ongoing financial ... This note highlights the continuing implications of the harsh financial climate in 2010 for defined benefit and defined contribution pension schemes. It considers the practical steps that trustees and employers may take in dealing with the legal and regulatory issues arising, with links to related information. | Practice notes | 25-Feb-2010 |
| 6 | Key topics citator A "reverse" citator setting out the main legislative provisions, regulatory materials, leading cases and determinations of the Pensions Ombudsman for some key topics in occupational pensions. Links are also included to the main PLC Pensions materials available for each topic. | Practice notes | Maintained |
| 7 | Liability management exercises and incentives This practice note examines the key issues for employers who take steps to manage the liabilities of their defined benefit pension schemes. Measures examined include longevity hedging and incentive exercises such as the payment of enhanced transfer values (ETVs). | Practice notes | Maintained |
| 8 | Managing pensions risk in local authority outsourcing ... This practice note considers how local authorities and contractors share risks and manage their obligations under the Fair Deal guidance and the Best Value Direction 2007 and how they provide for these in the outsourcing agreement. The note provides links to a bulk transfer schedule and compulsory clauses in LGPS admission agreements. Some standard pensions clauses found in outsourcing agreements are set out at the end. | Practice notes | Maintained |
| 9 | Managing risk in defined benefit schemes: overview This note explores the reasons why the cost and risks associated with defined benefit pension schemes have increased over recent years, and looks at strategies for employers to manage or reduce this risk. | Practice notes | Maintained |
| 10 | Pension scheme buyouts and buy-ins This practice note examines pension scheme buyouts and buy-ins and considers key issues for employers and trustees in full and partial buyouts, buy-ins and other deferred liability mitigation exercises. The note also includes a summary of statutory restrictions on buying out contracted-out rights. | Practice notes | Maintained |
| 11 | Pensions disclosure issues in sales and restructurings This note provides a summary of the issues to be considered both by trustees and companies in managing the disclosure of sensitive information in sales and acquisitions and in other scheme-changing events. | Practice notes | Maintained |
| 12 | Pensions Regulator powers: practical issues for company ... This practice note examines some practical issues for company directors arising from recent changes to the "moral hazard" or "anti-avoidance" powers of the Pensions Regulator. | Practice notes | Maintained |
| 13 | Pensions Regulator: anti-avoidance powers This practice note describes the powers of the Pensions Regulator to issue contribution notices, financial support directions and restoration orders, including changes to these powers introduced by the Pensions Act 2008. It does not consider the clearance procedure, which is the subject of a separate practice note. | Practice notes | Maintained |
| 14 | Pensions Regulator: clearance applications This practice note discusses when clearance from the Pensions Regulator may be required, the types of clearance available and how to apply for clearance. It also comments on the main issues that arise in practice. | Practice notes | Maintained |
| 15 | Pensions: intra-group reorganisations This note considers some of the pensions issues that arise on group reorganisations. | Practice notes | Maintained |
| 16 | Public-sector pension schemes: outsourcing This practice note considers the issues that arise when employees who are members of public-sector pension schemes transfer to the private sector as part of an outsourcing exercise. | Practice notes | Maintained |
| 17 | Restructuring final-salary schemes (1): options for employers This practice note examines the main options available for employers that want to restructure their final-salary pension schemes, with a view to reducing future contributions and administration costs. | Practice notes | Maintained |
| 18 | Restructuring final-salary schemes (2): implementing the ... This practice note examines some key issues relating to the implementation by employers and trustees of measures to restructure final-salary pension schemes. | Practice notes | Maintained |