Pensions snapshot - May 2025
This edition of snapshot looks at the latest legal developments in pensions.
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The topics covered in this edition are:
- Considerations for trustees in response to Trump's tariffs, whether relating to volatility in investment markets, potential impacts on employer covenant, and considerations for member communications;
- The Mansion House Compact II and how it differs from the original Compact;
- The latest announcement regarding Collective Defined Contribution schemes;
- An update on pensions dashboards and considerations for sectionalised schemes;
- The April 2025 Supreme Court case on the definition of "woman", and potential implications for pension schemes and the calculation of benefits;
- A trustee-favourable Court decision on the availability of recission where a mistake as to the tax consequences of actions has been discovered; and
- Short observations on the Pensions Regulator's speech at Professional Pensions Live and on expectations for DB surplus provisions in the Pension Schemes Bill.
