NEWS   |    April 25, 2019

Anne-Marie Winton comments in Law360 on key UK pension reforms delayed by Brexit distracted government

Key UK pensions reforms risk long delays as the government is consumed by the protracted Brexit process, with new powers for The Pensions Regulator and plans to centralise workers’ savings data being forced to the legislative back burner.

Anne-Marie Winton agrees that strengthening the regulator’s hand should be a priority. The reforms are partly designed to give the watchdog an earlier warning system, especially when it may need to intervene.

Anne-Marie commented: “The example would be if a group is in some distress and starts restructuring itself and therefore it would be worth the regulator having a look to see what’s going on, helping out the trustees and asking difficult questions. It seems more important to me that we give the regulator the powers to do that.”

Read Anne-Marie’s comments in Law360.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

Related News