The Pension Schemes Act 2021: The new landscape for DB schemes

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The Pension Schemes Act 2021 represents a significant change in the powers given to the Pensions Regulator to monitor and intervene in relation to defined benefit pension schemes.

Paul Carberry, partner, and Liz Wood, principal associate, in our Pensions team, spoke to Alex Hutton-Mills and Dan Mindel of Lincoln Pensions (soon to be renamed as Cardano Advisory), to discuss how the covenant aspects of the new laws are expected to impact on corporates and corporate behaviour.