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Legal Update

Trustee Quarterly Review

May 2014
Mayer Brown Legal Update

In this edition we discuss:

  • Budget 2014: removal of annuitisation requirement and new “guidance guarantee”
  • Budget 2014: changes to commutation and drawdown limits
  • Budget 2014: new powers to combat pensions liberation
  • New definition of “money purchase benefits”: implementing regulations finalised
  • DWP proposals on charges cap and DC quality standards
  • IORP Directive: changes announced
  • Case law round-up
  • Upcoming Pensions Group events at Mayer Brown
  • Dates and deadlines


  • Jonathan Moody
    Legal Professional / Consultant
    T +44 20 3130 3042
  • Ian Wright
    T +44 20 3130 3417

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