Pensions and the Retail Sector

Our pensions team is well-equipped to advise retailers on their pension obligations, whatever their existing arrangements. Recent work has included advice:

• to sponsoring employers and trustees of occupational pension schemes, whether defined benefit or defined contribution schemes - please see the main pensions page;
• in relation to the stakeholder requirements and the new employer pension obligations from 2012 - please see the following lawbites that may be of interest: Compulsory Workplace Pensions, 2012 Pensions Update;
• on pension rights during employment and during absence from work (e.g. maternity and sickness);
• on group personal pension arrangements, including contribution structures and contractual documentation;
• on altering pension arrangements for the future, including communication and consultation with staff;
• on salary sacrifice;
• on the age discrimination implications for pension arrangements; and
• on compensation for pension losses arising from the termination of employment