Dentons

This Practice Note focuses on the pension aspects of outsourcing in the private sector. It outlines the extent to which the pension rights of transferring employees transfer to the supplier on an outsourcing, taking account of reg 10 of the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE), SI 2006/246 and the Beckmann case law. It also covers the minimum statutory requirements in relation to transferring employees, the consultation obligations under TUPE and the outsourcing risks to customers and suppliers.

This Practice Note focuses on the pensions aspects of the City Code on Takeovers and Mergers and explains the pensions issues which arise on a transaction to which the Code applies.

This Practice Note looks at the Financial Services Compensation Scheme (FSCS) in the context of pensions. In particular, it covers what the FSCS is, what and who it covers, the extent to which pension schemes are covered, the compensation payable, the qualifying conditions for compensation, the process for making a compensation claim and future changes to the FSCS levy and level of compensation.

This Practice Note explains the extent to which the pension rights of transferring employees transfer on a private sector outsourcing, in the light of the Transfer of Undertakings (Protection of Employment) Regulations 2006 and relevant case law (eg Beckmann, Martin, Procter & Gamble). This Practice Note also looks at contractual ways of dealing with transferring rights, related employee communications and post-transfer employer obligations.