Pitmans Solicitors Pensions Update - Return of Surplus to Employers - Update from DWP


Return of Surplus to Employers - Further News from Department of Work and Pensions

In June Pitmans Solicitors reported on action that trustees and employers need to take in relation to Section 251 of the Pensions Act 2004. Under Section 251 trustees must take certain steps in order to retain the power under their scheme rules to refund surplus to any employer participating in their scheme.

For further information about Pitmans Solicitors, please visit www.pitmans.com

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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