• DWP Will Act To Clarify S251 on Payments to Employers
  • October 26, 2010 | Authors: Giles Bywater; Philippa James
  • Law Firm: Mayer Brown International LLP - London Office
  • You will recall that section 251 Pensions Act 2004 appeared to be drafted more widely than intended, restricting payments to employers. The DWP have now responded to lobbying on this issue. They wrote to us last week to say that they will amend the legislation to remove the ambiguities that were causing a problem. For many schemes this means that no further action is required.