Pensions Priorities: case — European case may open door to challenge to pension exemptions from anti-age discrimination laws
Discrimination on grounds of age is not permitted under the EU’s Equal Treatment Directive 2000/78/EC. However, for pensions that are inherently age related, a number of exemptions have been written into the UK enabling legislation, presently the Equality Act (Age Exceptions for Pension Schemes) Order 2010.
One common practice has been the provision of higher contributions for older members of a defined-contribution (DC) scheme, to mitigate the lower value of contributions for them, which results from the fact that there is less time before retirement for the contributions to benefit from investment returns…
If you are registered and logged in to the site, click on the link below to read the rest of the Taylor Wessing briefing. If not, please register or sign in with your details below.
News from Taylor Wessing
News from The Lawyer
Briefings from Taylor Wessing
Insolvency proceedings were opened in respect of the assets of a German resident; the liquidator then sought to set aside a transaction that had been entered into with a resident of Switzerland.
As of 1 October 2012, transfers of majority shares in a private limited liability company in Slovakia have become more complicated.
Analysis from The Lawyer
The city-state is working hard to become a global wealth management hub, and law firms are gearing up for a prosperous new world
Financial disputes are starting to dominate the English courts as the long-awaited fallout from the downturn finally comes to town