Clifford Chance
UK Pensions Update: March 2025
12 March 2025
Welcome to the March 2025 edition of the UK Pensions Update: 5 in 5
Welcome to our newsletter: "UK Pensions Update: 5 in 5" where we deliver to you what you really need to know about the 5 key developments in UK pensions that have occurred in the last quarter – digestible within 5 minutes!
In this edition, we cover:
- Reforms to surplus rules
- Updates following Virgin Media
- PPF onerous contracts guidance
- Pension fund clearing exemption update
- Ombudsman decision to uphold complaint regarding benefits promised on transfer
