Our Employment and Pensions team works with senior HR professionals, Heads of Legal and Finance Directors and
pension scheme trustees in the private, public and third sector.
tPR has banned two individuals from being
pension scheme trustees in future.
Not exact matches
The goal was to educate and build the skills of fund managers and
pension fund
trustees on the two new sub-asset classes which had been created under the
pension scheme to be invested
in private equities.
Our customers and clients range from
trustees of
pension funds who are looking to meet future liabilities with the best performance return possible, to young savers being enrolled for the first time
in a workplace
pension scheme or setting up an ISA.
A confident
trustee board is better equipped to make the difficult decisions involved
in running a
pension scheme.
Advising
trustees on entering into asset backed funding structures (including advice to the
trustees of TUI Travel Group
pension scheme on the use of brands
in this context).
Advising the Jardine Lloyd Thompson
pension scheme trustees on purchasing a series of bulk annuity policies from the Prudential covering approximately # 210 million of liabilities
in aggregate.
With the referendum on Britain's membership of the EU just two days away, Professional
Pensions addresses what
pension scheme managers and
trustees should expect
in the event of Brexit.
In November 2015, the Ombudsman dismissed a complaint by a pensioner about the actions of the scheme administrator and trustees in seeking to recover overpaid pension and failing to put one of his additional voluntary contribution (AVC) funds into payment on tim
In November 2015, the Ombudsman dismissed a complaint by a pensioner about the actions of the
scheme administrator and
trustees in seeking to recover overpaid pension and failing to put one of his additional voluntary contribution (AVC) funds into payment on tim
in seeking to recover overpaid
pension and failing to put one of his additional voluntary contribution (AVC) funds into payment on time.
Under the Welfare Reform and
Pensions Act 1999 (WRPA 1999), a bankrupt's
pension rights
in a registered
pension scheme are treated differently to most other assets
in that they do not vest
in a
trustee in bankruptcy.
In addition, although the
Pensions Regulator expects
trustees to obtain a formal covenant assessment, it is not compulsory, which can mean that no - one — apart from the sponsoring employer itself — is considering how likely it actually is that the full DB entitlements of all members of the
pension scheme will actually be paid.
working with lenders to protect their position
in distressed circumstances where the PPF or
trustees of a
pension scheme are involved, and
With over 25 years» experience, Kate provides strategic advice to
trustees and employers
in relation to
pension schemes on a wide range of issues.
Rosalind has spent two decades advising employers,
trustees, administrators and members
in relation to the establishment, management and winding up of
pension schemes.
It is important to remember that
pension scheme trustees can not exclude liability for negligence
in relation to exercising their investment function (section 33,
Pensions Act 1995).
However, Daniel v Tee demonstrates that the Courts do not expect
trustees to be omniscient
in the investment sphere and
in our view this applies just as much to
trustees of
pension schemes as to the family trust
in Daniel v Tee.
The last thirty years have seen a constant increase
in regulation, legislation and guidance relating to the role of the
pension scheme trustees.
Oliver's experience includes: defending global investment banks
in High Court proceedings brought
in relation to complex financial products and transactions; acting for an international consulting firm
in High Court proceedings brought by the
trustees of a
pension scheme; acting for a UK financial services provider
in relation to a major loss of customer data; acting for an insurer
in arbitration proceedings relating to an insurance coverage dispute; acting for a global custody bank on an investigation
in relation to client overcharging on asset portfolio transitions; and acting for a UK financial services group
in relation to legal and regulatory issues arising from a major misstatement
in its published accounts.
There is a minimum award (# 6,203 from 6 April 2018)
in exceptional cases — where the reason or principal reason for dismissal is trade union membership or activities; activities as a health and safety representative; duties as an occupational
pension scheme trustee; functions or activities as an employee representative or candidate; or working time grounds.
Our online governance solution, developed
in association with Bath Actuarial Consulting, is designed to help DB and DC
pension scheme trustees with good governance.
Among other conditions for PPF recognition, a contingent asset arrangement must be
in the PPF's standard form and various certifications need to be given by the
pension scheme's
trustees to the PPF both at inception and annually thereafter (normally before the end of March each year).
On these pages, we list some of the areas
in which we support our clients with occupational
pension schemes, whether as sponsor,
trustee or professional adviser,
in either the private or public sectors.
Relief for members and disappointment for employers: on 2 November 2016 the Court of Appeal upheld the High Court decision
in Buckinghamshire v Barnardo's, thus precluding the Barnardo's
scheme trustees from any switch from RPI to CPI for
pension increases.
«Clive Weber is well versed
in advising employers and
trustees on a range of complex
pensions issues, including HMRC matters and
pension scheme documentation.»
The
trustees of a
pension scheme in Part 8 proceedings.
He has considerable experience
in advising both
pension scheme trustees and product issuers
in relation to
pension fund investment including
in relation to all forms of investment products and structures.
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
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
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
pension fund's assets,
in respect of a guarantee provided by the principle employer of this private - sector
scheme.
The Regulator can,
in certain circumstances, demand payments from directors and shareholders into a
pension scheme — if the deal has materially damaged the
trustee's position as a creditor, the Regulator may have grounds for doing that.
representing the
trustees of an employer's
pension scheme regarding errors made
in the
pension deeds and claims against the solicitors who advised the on the
scheme
British Vita Unlimited v. British Vita
Pension Fund
Trustees Ltd [2007] PLR 157 — The first case examining the relationship between trustees» powers under a scheme's contributions rule and the scheme specific funding regime contained in Part 3 of the Pensions Act 2004 following acquisition of a FTSE 250 company by a US private equity house and an employer / trustee funding
Trustees Ltd [2007] PLR 157 — The first case examining the relationship between
trustees» powers under a scheme's contributions rule and the scheme specific funding regime contained in Part 3 of the Pensions Act 2004 following acquisition of a FTSE 250 company by a US private equity house and an employer / trustee funding
trustees» powers under a
scheme's contributions rule and the
scheme specific funding regime contained
in Part 3 of the
Pensions Act 2004 following acquisition of a FTSE 250 company by a US private equity house and an employer /
trustee funding dispute.
The provision of advice to the
trustees of a charity
in relation to a
pension scheme merger exercise.
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 asse
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 asse
pension scheme that is or has been subject to PPF assessment.
She has specialised
in advising both corporate sponsors and
trustees of occupational
pension schemes for 20 years.
``... [u] ntil [HF
Pension Trustees] knew that they had received seriously incorrect advice which overlooked the need for propriety
in exercising fiduciary powers, they did not know that the interests of their beneficiaries, the
scheme members, were being prejudiced.
In 1989 and 1990, the trustees of a pension fund transferred a surplus from one scheme to another in reliance on the advice of solicitor
In 1989 and 1990, the
trustees of a
pension fund transferred a surplus from one
scheme to another
in reliance on the advice of solicitor
in reliance on the advice of solicitors.
Acting for the
trustees of telent
pension scheme in successfully obtaining an order for the appointment of independent
trustees following a bid for telent by
Pensions Corporation