Law360: More than 110,000 former mine workers across the UK got an initial bump to their pensions on 29 November 2024 after a decision by the Labour government to reverse 'a historic wrong' by transferring Ā£1.5bn to their retirement savings plan.
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Law360: A trade body is investigating the lawfulness of a change to the Boots Pension Scheme that means members are no longer entitled to an unreduced pension from age 60 following a Ā£4.8bn deal the pharmacy chain struck.
Indexation and revaluation of pensionsāchanging from RPI to CPIFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension
Surrender and forfeiture of pension benefitsTHIS PRACTICE NOTE APPLIES TO OCCUPATIONAL PENSION SCHEMES ONLYThis Practice Note considers the extent to which accrued pension rights under registered occupational pension schemes can be surrendered or forfeited.The general rule against surrenderāthe
Bridging pensionsSTOP PRESSāImpact of the Retained EU Law (Revocation and Reform) Act 2023: This document contains references to retained EU law (REUL) and associated terms introduced by the European Union (Withdrawal) Act 2018 in connection with Brexit. From 1 January 2024, REUL that remains in
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