Baker McKenzie's pensions team is delighted to invite you to our Spring Quarterly Update.

We will be covering the following topics:

• Key considerations from the Newell case - we will analyse the key aspects of the Newell High Court case, which is a significant case concerning the validity of pension scheme amendments. It clarifies how pension benefits can be amended by contractual agreement between employers and employees, provides an interesting analysis of restrictions on amendment powers, and guides trustees on how they should proceed when documentation is missing concerning changes that occurred many years ago.  We will also provide practical guidance to pension trustees and employers on the implications of the case, which is particularly relevant for those schemes that are considering buy-out out or carrying out other benefit amendment exercises.
• The new Funding Regulations and the recent consultation on surplus- we will assess the impact of the recent Funding Regulations on DB pension schemes, with a look forward to the release of the revised Funding Code later this year. We will also consider the related recent Government consultation on the use of DB surplus, which moves forward the Government’s agenda for use of surplus and is relevant to both trustees and employers.

We hope you can join us. Please email Pensions Spring Quarterly Update (bakermckenzie.com  and joining details will be shared ahead of the session. Please do share this invitation with members of your team and other colleagues who might be interested.

This webinar is CPD accredited for 1 hour