Pensions

Pensions law and regulation is a complex and constantly evolving area of legal expertise. Trustees and administrators must ensure that their practices and procedures reflect current standards and keep schemes under regular review.

The Isle of Man is an established and well-regulated jurisdiction for pensions and a market leader for international pensions business.

Our leading pensions team provides technical yet pragmatic advice to companies, employers, trustees and administrators on all aspects of pensions law and regulatory issues, and liaises with both Treasury and the Financial Services Authority.

Our expertise includes advice on the management of pensions involving sales, reorganisations, employer debts, cross-border issues, from the establishment of new schemes and changes to existing schemes to the winding up process.

The head of this specialist team, Annemarie Hughes, is regarded by clients and peers alike as one of the Island’s leading pensions lawyers. She is ranked as a ‘leading individual’ by Legal 500 and is listed in the Legal 500 ‘Hall of Fame’.

DQ is an associate member of the IOM Association of Pension Providers (APSP) and Annemarie participates in Government working groups helping to shape new innovations in Isle of Man pensions law and regulation. DQ is also a founding member of Employee Benefits Isle of Man.

Our Pensions team offers expert advice in the following areas:-

Occupational Pension Schemes
Advising on Isle of Man pensions law and regulation
Personal Pension Schemes
Domestic Pension Schemes
International Pension Schemes
Drafting pension schemes and scheme documents
Advising pension scheme trustees
Advice on all aspects of pension administration
Advice on Pensions Ombudsman complaints
Winding up and restructuring of Schemes

Related News

DQ Pensions Case Alert: What does the recent BBC decision mean for Isle of Man defined benefit pension schemes?

The High Court in London has recently ruled against the British Broadcasting Corporation’s (“BBC”) proposal to limit the ongoing...

Capacity

The Island awaits the commencement of the Capacity Act 2022 (the “Act”), which will come into operation on such...

Can a judgment debtor be obliged to drawdown pension benefits under an occupational pension scheme in order to satisfy a judgment debt?

In the recent English case of Manolete Partners v White, 2023 EWHC 567 Ch (https://www.bailii.org/ew/cases/EWHC/Ch/2023/567.html), the High Court had...

Deputy Pensions Ombudsman Determination Update – Key Aspects

Over the course of 2022, we published several articles setting out key aspects from the determinations of the (then)...

Pensions: Investment Decisions: a possible shift in approach and undesirable consequences for SIPP providers in the Isle of Man?

Past Ombudsman determinations The (then) Deputy Pensions Ombudsman in the Isle of Man (the “Ombudsman”) has published several determinations, dating...