Pensions Matter — April 2014: case law round-up
In Smyth (PO-833), the Pensions Ombudsman (PO) found that an employer that delayed payment of pension contributions under a salary sacrifice arrangement was both in breach of contract and in breach of statutory requirements for timely payment.
The PO upheld a complaint by a member belonging to a group personal pension scheme. The PO found that failure by the employer to pay the contributions within a reasonable period of time was a breach of the salary sacrifice agreement. It was also a breach under the member’s contract of employment, to maintain trust and confidence between the employee and the employer. Notwithstanding its contractual breach, the delays that occurred equated to maladministration for breaching statutory requirements in accordance with section 111A of the Pension Schemes Act 1993 and related regulations…
Click on the link below to read the rest of the Walker Morris briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
Walker Morris takes a look at some of the key announcements and how the figures add-up for your sector.
Welcome change from presumption of responsibility
Analysis from The Lawyer
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.