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This case law round-up focuses on two cases: Dawson (PO-596) and Chapman (PO-597).
The Pensions Regulator has finally reached a compromise in respect of the Financial Support Directions it issued in connection with the Lehman Brothers pension scheme.
Finance Bill 2014 download
On 17 July 2014, the Finance Bill received royal assent and became the Finance Act 2014 (FA 2014).
GAD — changes to the passport system download
The Government Actuary’s Department (GAD) has confirmed substantial changes to its processes for issuing ‘passport’ certificates to firms involved in public sector outsourcing projects.
The FCA has issued a consultation paper setting out rules that will require providers of workplace personal pension schemes to establish independent government committees.
The DPO has held that in recovering overpayments made incorrectly to a pension member the trustees were time-barred under statute from seeking their recovery.
Included in the Queen’s Speech on 4 June were announcements of two new pension bills: the Private Pensions Bill and the Pensions Tax Bill.
There has been a decline in the rate at which occupational pension schemes are putting in place processes to measure their data.
On 29 May 2014, the Pension Protection Fund published ‘Consultation on the second PPF Levy Triennium — 2015–16 to 2017–18’.
The Court of Appeal has held that Olympic Airlines had not experienced an insolvency event for the purposes of section 121 of the Pensions Act 2004.
The High Court has made a practical decision to correct inaccurate terms in two pension agreements to reflect what the parties had originally agreed.
The Pensions Regulator has issued a report outlining how it dealt with an employer that failed to meet its auto-enrolment deadlines and registration.
Defectively executed deeds of amendment — Briggs (and Others) v Gleeds (and Others) (High Court) download
The High Court held that deeds of amendment going back more than 30 years had been incorrectly executed.
Changes have been made to the statutory protection in regard to pension rights offered to transferring employees on a TUPE transfer, who were formerly members of an occupational pension scheme.
Under the Pensions Regulator’s 2010 guidance, it identified two categories of data.
Defined-contribution pension reform — DWP confirms charge-capping measures and quality standards download
The DWP has outlined in its ‘Command Paper: Better workplace pensions: Further measures for savers’ new quality standards and charge-capping measures.
Pensions Matter: case law round-up download
The DPO partly upheld a complaint from a member that he suffered financial loss due to his pension fund being transferred outside of a 10-day transfer window,...
Foresight is an easy-to-use legal calendar that outlines major cases, government policy and forthcoming legislation right through to 2017.
This month’s Pensions Matter provides an overview of key pension cases and their practical implications.
Pensions Matter — April 2014: the Pensions Regulator publishes further guidance on asset-backed arrangements download
Guidance from the Pensions Regulator (TPR) on asset-backed arrangements confers the steps TPR considers trustees should take before entering into such an arrangement.