Pension Schemes Act 2021: A guide on implications for corporate activity

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Introduction -

The Pension Schemes Act 2021 (the Act) received Royal Assent on 11 February 2021. It introduces wide‑ranging changes that will affect not only employers and trustees of defined benefit (DB) schemes, but potentially third parties engaging with them, such as banks and trade unions, and professional advisers to DB pension schemes.

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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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