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A More Aggressive UK Pensions Regulator?

The Regulator’s expanded powers, effective 1 October 2021, reinforce the need for all relevant parties to give proper consideration to the effect of corporate transactions, refinancings, restructurings and other activity on...more

UK Government Announces Emergency Employment Protection Measures

The support will be backdated to 1 March 2020 and will be open for an initial three-month period. The UK government announced on 20 March 2020 certain emergency protective measures which it billed as “unprecedented”, and...more

Addressing Pensions Liabilities for Underperforming Portfolio Companies

This year has seen a significant number of business failures, particularly on the high street, as businesses have struggled in the face of market fragility and Brexit uncertainty. When a UK portfolio company is...more

Addressing Pensions Liabilities for Underperforming Companies

This year has seen a significant number of business failures, particularly on the high street, as businesses have struggled in the face of market fragility and Brexit uncertainty. When a UK company is underperforming, the...more

Pensions Hazard for PE Buyers on Carve-Out Deals

Corporate carve-outs have become increasingly popular in recent years, as buyout firms scour the market for primary deals. In an environment in which the UK Pensions Regulator (the Regulator) is becoming more active, in our...more

Pension Fund Health-Check Required

The recent furore over the collapse of high street retailer BHS has caused fierce debate over whether companies, or their ultimate owners, are responsible for the upkeep of a pension plan. For private equity, the debate has...more

Tax-efficient Pension Savings in the UK: Government Applies Further Restrictions

Employers may want to adjust compensation packages, and high-earners may want to revise their retirement savings strategies. In recent years, the UK government has reduced the lifetime and annual thresholds up to which...more

Holiday Pay: Clear Blue Skies Ahead?

Paying employees for their annual leave in the UK used to be viewed as a straightforward process, with many companies calculating holiday pay at the employee’s basic pay rate. However, in 2014, several employment law...more

Compulsory Pension Provision in the UK: Some Tricky Issues

Shedding light on some complex issues that can arise with UK auto-enrolment. In the UK, The Pensions Regulator (TPR) recently published its first report on enforcement action it has taken against an employer for...more

UK Supreme Court Says Members of Limited Liability Partnerships are Workers

Ruling implies that additional protections will be afforded to members of LLPs. The UK Supreme Court recently ruled that members of a limited liability partnership (an LLP) are workers for the purpose of protections...more

TUPE Developments: February 2014 Changes to UK TUPE Regulations

Newly enforced regulations change UK law on the transfer of undertakings, applicable to transfers which take place on or after 31 January 2014. The Transfer of Undertakings (Protection of Employment) Regulations 2006...more

2/13/2014  /  Employee Rights , TUPE , UK
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