Sentences with phrase «pension protection funds»

Lithgows Pension Scheme [2011] CSIH 6 Right of trustees of an occupational pension scheme regarding publication if information as part of Pension Protection Funds Levy system

The Daily Telegraph understands the troubled retailer is also in talks with the Pension Protection Fund, the safety net for retirement funds when companies collapse.

Britain's pension protection fund, however, reckons the shortfall is nearer 900 million pounds.

The majority of smaller stressed defined benefit schemes are likely to end up in the Pension Protection Fund, according to consultancy Barnett Waddingham, as it raised concerns that the Pensions Regulator's new tougher stance may remove vital flexibility from the system.

They include big name northern beef producers such as Consolidated Pastoral Company (CPC) and the UK Pension Protection Fund's investment in North Australia Pastoral Company; the British - Australian businessman Michael Hintze's Premium Farms» holdings in NSW and Queensland; Romani Pastoral Company in southern and North West NSW, and the London investment group Southern Agricultural Resources with property in the NSW Riverina.

They are not eligible for help under the Pensions Protection Fund (PPF) because their problems took place before the fund was set up in April 2005, although they do have access to help under the Financial Assistance Scheme (FAS).

They are not covered by the Pension Protection Fund, as it only came into force in May 2005, and are facing a lean retirement despite making up to 30 years of contributions.

There were fears that if the ruling went against the government, it would have had to force companies to contribute far more to the Pension Protection Fund to enable it to cover 100 per cent of workers» pensions, compared to just 90 per cent now.

Looking at the UK as a whole, we have one of the best protected systems in the EU, with the Pension Protection Fund, the Pensions Regulator and the Financial Services Authority.

With the potential transfer of the Carillion pension schemes to the Pension Protection Fund (PPF), the PPF has been much in the news recently.

Kirkland & Ellis has advised Toys R Us on a deal with the Pension Protection Fund (PPF) that has today (21 December) saved the company from administration.

Meanwhile, the legal team at the Royal Mail Group saw off competition from Northern Trust, Tideway, the European Bank of Reconstruction and Development, The Board of the Pension Protection Fund and Vodafone to walk away with the Legal Department Innovation Award.

Finalists: Northern Trust (highly commended); Bazalgette Tunnel Limited (trading as Tideway); European Bank of Reconstruction and Development; The Board of the Pension Protection Fund; Vodafone UK and Vodafone Group Enterprise.

«The government's pensions lifeboat, the Pension Protection Fund (PPF), is now to take over payment of pensions for the company's retirement scheme members.

Richard has particular experience in advising on cases involving the Pensions Regulator and the Pension Protection Fund.

Negotiations therefore resumed between the trustees, Hoover, tPR and the Pension Protection Fund (PPF) and, in early 2017, an RAA was proposed by Hoover.

The City firm is acting for the Pension Protection Fund (PPF), reprising a role it has played during previous restructurings of Monarch's business.

Its domestic and international clients include Nortel UK Pension Trustee and UK Pension Protection Fund, Hollinger Inc., U.S. Steel Inc. and U.S. Steel Canada, TransCanada Energy, Ontario Securities Commission, TSX, TD Bank, Canadian Pacific Railway, and several multinational law firms.

Green has agreed to provide funding for a new pension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fund (PPF).

The power could be confined to situations where member benefits after its application, though lower than provided by their scheme rules, would be greater than those that would be provided by the Pension Protection Fund.

TTG Pension Trustees v Board of the Pension Protection Fund (Ch Div, 2014)[2014] EWHC 174 (Ch) John acted for the pension trustees in an appeal against a decision of the PPF.

The deal was approved by The Pensions Regulator, Pension Protection Fund and scheme trustees.

If the work on the scheme had failed, MIRA would have become insolvent and MIRARBS would have fallen into the Pensions Protection Fund.

Tom White Qualified: 2005 Made partner: 2015 Key cases: Advising on a # 250m + negligence claim against a firm of surveyors in relation to the valuation of a large portfolio of commercial properties spread across the country; acting for the Pension Protection Fund on the first two cases to reach the court in relation to challenges to the PPF levy.

The collapse of Carillion and its impending transfer of some of its defined benefit members (DB) into the Pensions Protection Fund (PPF) has raised questions about the sustainability of existing pension laws.

TGF represented the Nortel Networks UK Pension Trust Limited and the Board of Directors of the Pension Protection Fund (collectively, the «UK Pension Claimants») who in turn represent the interests of approximately 36,000 surviving pensioners of Nortel's British subsidiary, Nortel Networks UK Limited [iii].

Establishing nearly 20 «Contingent Asset Agreements» over real estate to be certified to the Pension Protection Fund.

The proposed changes include an exemption from the Pension Protection Fund and a separation from Tata Steel UK.

Gabrielle advises employers and trustees of occupational pension schemes (both defined benefit and defined contribution) on a broad range of pensions matters including automatic enrolment; scheme amendments and changes to benefit structures; scheme funding issues; scheme governance; member - related issues such as benefit questions, pension sharing orders or high - earner tax questions; the operation of the Pension Regulator's powers; and entry into the Pension Protection Fund.

The Pension Protection Fund (PPF) has published a consultation document on the pension protection levy for 2017/18.

Partner Rosalind Connor considers the background to the consultation on the draft Pension Protection Fund (Compensation)(Amendment) Regulations 2017 and the potential implications of some of the proposals...

She is particularly experienced in the pensions aspects of corporate activity, including sales, acquisitions and refinancings as well as having advised on numerous restructuring cases, negotiating with the Pension Protection Fund and the Pensions Regulator.

The Board of the Pension Protection Fund (PPF) has issued new versions of all of its standard form contingent asset arrangements and has overhauled its contingent asset guidance.

Canadian counsel to the Trustees of Nortel Networks UK Limited's Pension Trust and the Pension Protection Fund throughout the unprecedented trials and appeals.

TGF was retained in March, 2013 by the Trustees of Nortel Networks UK Limited's Pension Trust and the Pension Protection Fund (collectively, the «UK Pension Claimants») and acted as their Canadian counsel throughout the unprecedented trials and appeals.

He acts for employers, trustees and members, including on restructuring of schemes, contingent asset arrangements (including for PPF purposes), dealing with the Pensions Regulator and the Pension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas transfers.

Canadian insolvency counsel to the Trustees of Nortel Networks UK Pension Plan and the UK Pension Protection Fund (the UK Pension Claimants)-- the largest single creditor in the global insolvency proceedings of the Nortel Networks group of companies.

Independent Trustee Services Ltd v Hope [2009] PLR 379 — A test case as to whether trustees owe any duties to the Pension Protection Fund prior to a scheme entering into an assessment period and to what extent they should take its interests into account when exercising their discretionary powers;

TTG Pension Trustees v Board of the Pension Protection Fund [2014] EWHC 174 (Ch): this case concerned the determination of the pension fund's assets, in respect of a guarantee provided by the principle employer of this private - sector scheme.

Mr Green goes on to say: «The Pension Protection Fund (PPF) is succeeding in doing incredible work by providing vital protection and much - needed reassurance for consumers across the UK.

Our dedicated pensions team forms part of the employment group and advises on all aspects of UK pensions law acting for trustees of occupational pension schemes, employers, independent trustees, the Pension Protection Fund, the Pension Infrastructure Platform, pension trustee indemnity insurers and life assurance companies.

Smaller subcontractors may find themselves having to consider their position with regard to the Pension Protection Fund (PPF) and the Pension Regulator.

The UK's Pension Protection Fund (PPF) might have to rethink its compensation limit if the European Court of Justice (ECJ) decides that it is illegal.

The Advocate General also agrees that Article 8 of the Insolvency Directive is directly effective and can therefore be relied on directly against the Pension Protection Fund to override the terms of the Pensions Act 2004, and that in practice this binds the trustees administering any pension scheme that is or has been subject to PPF assessment.

In a judgment handed down today, 28 July 2016, the Court of Appeal has decided to refer questions to the EU Court of Justice on whether limitations on the compensation paid by the Pension Protection Fund (PPF) to former employees of insolvent employers are consistent with Directive 2008 / 94 / EC (the Insolvency Directive).

Patrick has also acted for and advised the Pension Protection Fund in references to the PPF Ombudsman; and acted for the Pensions Ombudsman in the High Court exercising its jurisdiction in appeals against decisions of the Ombudsman.

Insolvency Event — PPF and Section 75 Part 8: Pension Protection Fund (PPF) 16.

Yusuf is Principal — Alternatives at the Pension Protection Fund responsible for managing investments in alternatives including real estate, private equity and credit.

Not exact matches

The Cumbria County Council Pension Fund has joined the ranks of local authorities hedging their equity downside with an equity protection strategy.

To be sure, there are well - funded efforts advocating around the subject of a constitutional convention, including unions who fear that delegates might revise pension protections for public employees.