Sentences with phrase «pension trustees»

"Pension trustees" refers to individuals or a group of people who are responsible for managing and overseeing a pension fund. They make important decisions about how the fund is invested and ensure that it is properly managed for the benefit of the pension plan's participants, who are often employees or retirees. Their duty is to safeguard the pension fund and make sure it provides financial security for the people relying on it for their retirement. Full definition
Claim by beneficiary of pension fund against pension trustees, solicitor and accountants regarding pension planning and purchase of annuity.
We have worked hard over many years to hone our processes to enable us to offer an accurate and timely service, despite the many challenges that pension trustees often present us with!
Minimum basic award in cases where a dismissal is unfair by virtue of health and safety, employee representative, trade union, or occupational pension trustee reasons
Joanne's work focuses on developing and implementing legal strategies to drive greater integration of climate - related financial risks into the investment decisions of pension trustees and other asset owners and asset managers in the pensions industry.
The registered office of Burges Salmon LLP, BS Pensions Trustees Limited and Burges Salmon Company Limited is at One Glass Wharf, Bristol, BS2 0ZX.
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.
3) National: David Webber urges a rule change by the Labor Department to ensure that public pension trustees act in the interest of public employees, and not use pension fund money to promote outsourcingto private, for - profit companies that kill public jobs.
• The minimum Basic Award for Unfair Dismissal, in cases where a dismissal is unfair in certain cases due to health and safety, employee representative, trade union, or occupational pension trustee reasons, will increase from # 5,970 to # 6,203.
The question for the finance director who is trying to get the post-deal restructuring finalised is how to deal with pension trustees.
A Hedge Fund Sales Pitch Casts a Spell on Public Pensions New York Times: «The report was really intended to give information to pension trustees so they could ask the tough questions and fulfill their fiduciary duties to the funds and their participants,» said Randi Weingarten, president of the teachers» union.
Probably not; most pension trustees are scaredy - cats.
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.
In addition, she advises on matters relating to Professional Discipline, acting for accountants, lawyers, insolvency practitioners and pension trustees who are facing challenge or investigation by regulatory or enforcement bodies.
The reason that pension trustees care about a restructuring post-deal is that, despite the Pensions Regulator's powers, the trustees know that their immediate claim is against the employers in the scheme, both current and past, which will rarely be every company in the group.
Re FSS Pension Trustees Limited [2014] EWHC 1397 (Ch); [2014] Pens.
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.
At PwC, Marcus will focus on advising organisations and pensions trustees on their investment funding strategies, helping them ensure investments meet stringent trust law and legislative requirements amid the uncertainties of Brexit.
``... [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.
The issue of culture clash and staff change management are usually the remit of the HR team, but the powers of pension trustees can make this a concern for the finance team as well.
occurs, by the virtue of trade union, health, and safety, occupational pension trustee or employee representative reasons) will increase from # 5,970 to # 6,203.
And let's hope that other public pension trustees and other public officials are following this instructive tale.»
Financial Literacy Day is an open forum: Individual investors, state and local officials, financial institutions, pension trustees, philanthropy activists, policy makers and policy wonks — all are welcome.
«We appreciate the leadership of the Mayor and the pension trustees in requiring a study on the climate impact of the pension fund investments.»
«Market forces have made recruiting and retaining professional staff for the Comptroller's Office Bureau of Asset Management extremely challenging,» Susannah Vickers, the comptroller's pension trustee, said at a recent meeting of the New York City Employees Retirement System Board.
Lord Mandelson tonight raised the stakes in the battle over the future of the Royal Mail by releasing a letter from its pension trustees warning that if part privatisation does not go ahead, staff may have to see the value of their pension slashed in half.
More than a dozen employees of @NYSComptroller, pension trustee and champion, have opted into NY's new DC retirement plan.
Bearing in mind HMRC's present stance on VAT and suppliers» services to pension trustees and employers under tripartite contracts (as recommended by HMRC), the Supreme Court's decision in «Airtours» is eagerly awaited.
While the guarantee pay increases from # 27 to # 28 per day, the minimum basic amount (in cases where a wrongful dismissal occurs, by the virtue of trade union, health, and safety, occupational pension trustee or employee representative reasons) will increase from # 5,970 to # 6,203.
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.
Ben also managed the AIG London Commercial management liability team, responsible for underwriting D&O, Pension Trustee, and Public Offering insurance.
The reaction of the pension trustees to the restructuring is not just a HR issue, it is a financial issue, and one that needs careful management.
In any event, pension trustees are unlikely to stay in the dark for long, given most trustee boards include at least some employees, who will generally be well aware of a post-deal restructure, particularly once employees start being consulted on moving around the group.
We have advised on a number of deals where pension liabilities have been apportioned to another group company with the agreement of the pension trustees, including advising alongside a top City pensions practice on a groundbreaking flexible apportionment arrangement structure.
She regularly acts for financial institutions, accountants, trustees, actuaries, investment advisors, administrators, pension trustees and other professions.
Alongside your financial advisers, banks, accountants, pension trustees and surveyors, we work as a team to provide a practical commercial approach to suit your needs.
@SIPP (Pension Trustees) Ltd v Insight Travel Services Ltd 2016 SLT 161.
British Airways has lost a landmark trial to block its pension trustees» decision to award a discretionary increase in 2013...
These matters have included disputes involving fiduciary breach allegations against officers, directors, pension trustees and their advisors, bad faith claims against insurers and allied professions, errors and omissions claims against professionals, environmental contamination and large fires and explosions.
Their Lordships were asked to consider the meaning of ERA 1996, s 48 which, in addition to whistleblowing, applies to a raft of discrimination provisions including those relating to trade union / employee representatives, health and safety, Sunday working, family / domestic leave, occupational pension trustees, working time and flexible working.
Lord Walker, with specific reference to HF Pension Trustees, said (see para 61):
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