May 2012: Pensions update
Analysis of recent developments in the pensions sector, including the High Court judgment on the BBC’s pensionable salary cap and age discrimination law.
The High Court (Mr Justice Warren) has found that the BBC was able to introduce a cap on increases in pensionable salary by contractual agreement with members, without having to amend the scheme rules. Warren J held that a contractual agreement to impose the cap would be effective as long as it did not give rise to a breach of the employer’s implied duty of trust and confidence or breach statutory requirements about surrendering pension rights. This appears to be a move away from the very strict requirements for an extrinsic contract suggested in the IMG case…
If you are registered and logged in to the site, click on the link below to read the rest of the Nabarro briefing. If not, please register or sign in with your details below.
Click on the link above to download briefing.
News from Nabarro
Briefings from Nabarro
Nabarro partner Martin McKervey shares his thoughts on unlocking export growth.
The changes proposed by the HSE in the new draft CDM regulations are underpinned by a desire to improve standards of health and safety, particularly on smaller construction sites.
Analysis from The Lawyer
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem
Real estate continues to be the key money spinner for Nabarro, which has always been known for its work in the UK property market, (although) last year results were up across the firm. Google’s ...