The Month In Pensions – November 2020 – Are you ready for cyber scams?

The Month in Pensions - Gowling WLG

In The Month In Pensions for November 2020, we focus on two related and increasingly intertwined areas – pension scams and cyber crime - and ask are you ready for cyber scams?

Ian Chapman-Curry is then joined by Charlotte Scholes, a principal associate in our specialist pension disputes team, to discuss the latest in GMP equalisation with the third judgment on Lloyds.

Also covered in this month's edition are:

• TPR asks trustees to pledge to combat scams - Click here for TPR’s press release ‘Make a pledge to combat pension scams, industry urged (10 November 2020)’: https://bit.ly/2KZnPt3;
• PASA issues cyber crime guidance - Click here for PASA’s ‘Cybercrime Guidance (November 2020)’: https://bit.ly/2VoA447;
• DWP publishes statement of policy intent for guidance ‘nudge’;
• TPR publishes new trustee guidance on sponsoring employer distress - Click here for TPR’s guidance ‘Protecting schemes from sponsoring employer distress’: https://bit.ly/3qm2A4D;
• Pension Schemes Bill 2019-21 clears the House of Commons - Click here for the Parliamentary webpage on the Pension Schemes Bill: https://bit.ly/33ywg4M;
• Coronavirus Job Retention Scheme extended;
• High Court rules on trustee obligations on GMP equalisation and transfers out - Click here for our Insight ‘GMP equalisation: duty does extend to past transfers’: https://bit.ly/3mx3j0P
• Click here for the full text of the judgment in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank PLC & Ors [2020] EWCh 3135 (Ch) (20 November 2020): https://bit.ly/3g2BGtV

We also look forward to some of the developments to expect in December 2020.

You can find this episode and the accompanying transcript on our website: https://gowlg.co/3xeQiAn

For more Insights, or to find out more about the pensions team at Gowling WLG, please visit www.gowlingwlg.com/pensions-uk.

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