Pensions newsround: The November 2024 Edition

As always, we encouraged active participation, inviting our audience to share insights – offering some practical hints and tips to take away with you. After the event, our pensions team filmed a discussion of the key themes from the event. You can watch this above.

Prepare to get fired up about the topics for this session:

1. Virgin Media decision: The practical implications of the Court of Appeal decision. What should trustees do next?
2. New Scheme Funding Regime: The new scheme funding regime applies to valuations from 22 September 2024. The Regulator’s funding code of practice is finally in place.  Does the new funding regime herald a real change of approach to funding for DB schemes or have DB schemes already moved significantly to comply with the new requirements?
3. Validity of Scheme Amendments: The courts have continued to consider cases about the meaning of scheme amendment powers. The latest decision is from the Court of Appeal in the BBC case concerning the meaning of the word “interests”.
4. Budget 2024: Many announcements about changes to pensions have been trailed, will any of them actually be made?