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The NMPA is changing — is your scheme ready?
Associate, Paul Ashcroft and Trainee, Gemma Williams map out the legal considerations for trustees in this article published by Professional Pensions.
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Associate, Paul Ashcroft and Trainee, Gemma Williams map out the legal considerations for trustees in this article published by Professional Pensions.
News
The Finance (No. 2) Bill (the Bill) is currently going through Parliament. The Bill proposes (as currently drafted) to increase the NMPA from age 55 to 57 from 6 April… Read more →
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We are increasingly seeing issues around how investment loss is calculated where there are delays in transferring a pension from one provider to another when pension transfers haven’t gone according… Read more →
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The FCA has won against Avacade again – this time in the Court of Appeal. It follows the FCA’s earlier success in the High Court that ordered illegal pension introducers… Read more →
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Axminster is the latest case to ‘give the axe’ to limitation under the Limitation Act to claims for pension arrears in a mammoth judgment which surveys the history of limitation… Read more →
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Trials and tribulations for Carey Pensions as it grapples with a Court of Appeal decision on 1 April 2021 that partially overturned an earlier High Court judgment in its favour.… Read more →
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A digest of some recent cases: Members suing SIPP operatorIn Adams v Options SIPP (formerly Carey Pensions), the Court of Appeal decided on 1 April 2021 the member’s agreement with… Read more →
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Bulletins
Generally, commencement of most of the Act depends on future regulations. The government has said it is progressing these but any subsequent regulations are unlikely to come into force before… Read more →
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To all our many readers – Happy Christmas and a very Healthy New Year. Despite the challenges of COVID, pensions law has continued non-stop and we are here to help you… Read more →
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To avoid Santa’s naughty list this year, scheme trustees should ensure they have a suitable data subject access request (“DSAR”) policy which reflects the updated guidance on DSARs published by… Read more →
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This article focuses on Superfunds including ‘Clearance’ aspects. Where are we now with Superfunds? In our recent article on Superfunds (published in Investment & Pensions Europe, 7 August 2020) we… Read more →
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The High Court Judgment in the Lloyds Bank Transfer case on 20 November 2020 provides answers but leaves plenty undecided. Here is a bird’s eye view of what was decided,… Read more →
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Clive Weber (Pensions Partner) and Paul Ashcroft (Pensions Solicitor), Wedlake Bell LLP, identify key lessons from the High Court’s decision in SPS Technologies UK Pension Plan (the “Scheme”). Please see… Read more →
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On 20 August 2020, battles lines were drawn and appeals lodged in the Hughes judicial review litigation. The PPF’s appeal concerns its approach to the requirement for members to receive… Read more →
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An Employer was found liable for negligent misstatement and in failing in its duty of care by the Pensions Ombudsman (“TPO”) decisions in Mr H (PO-15168) and Mr N (PO-15171)… Read more →
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On 29 May 2020 the Chancellor announced that the Government’s Coronavirus Job Retention Scheme (the “Furlough Scheme”) would be changing to begin easing employees out of the Furlough Scheme. From… Read more →
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The Covid 19 pandemic has impacted many aspects of lives. These unprecedented times continue to pose economic and operational challenges for pension schemes – trustees’ and sponsoring employers of defined… Read more →
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In the wake of the COVID-19 pandemic, trustees of pensions schemes will need to adapt to new pressures and restrictions on normal day-to-day operations. The Pensions Regulator (“TPR“) has published… Read more →
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Welcome to our first 2020 Edition of Pensions Compass! As usual we have a fun packed edition to help blow away the winter doldrums. Our first edition of Pensions… Read more →
Bulletins
BT v HM Treasury (“HMT”) The Court of Appeal has published its judgment in relation to the judicial review proceedings brought by BT against HMT. It is the second set… Read more →
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Safeway Ltd v Newton Readers may recall the Safeway case on equalisation. See Clive’s Ready Reckoner where he commented on the decision of the Court of Justice of the European… Read more →