Wedgwood family call on Attorney General to save their museum – Daily Telegraph

Posted January 9th, 2012 in news, pensions, trusts by tracey

“Descendants of Josiah Wedgwood, the 18th-century pottery manufacturer, have called on the Government to intervene to prevent the selling off of the Wedgwood Museum.”

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Daily Telegraph, 9th January 2012

Source: www.telegraph.co.uk

Unison pension adverts investigated by the Advertising Standards Authority – Daily Telegraph

Posted January 6th, 2012 in advertising, news, pensions, trade unions by tracey

“Public sector union Unison is being investigated by the ASA after three advertisements it placed in the national press were described as ‘misleading’ and ‘inaccurate.’ ”

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Daily Telegraph, 5th January 2012

Source: www.telegraph.co.uk

Pension legislation to go ahead – The Independent

Posted December 21st, 2011 in bills, civil servants, legislation, news, pensions, trade unions by tracey

“The Government is pressing ahead with legislation to enact its controversial public sector pension reform in the new year, even though an agreement has not been reached with unions to end the bitter dispute.”

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The Independent, 20th December 2011

Source: www.indpendent.co.uk

‘Pension unlocking’ loan schemes ruled unlawful – OUT-LAW.com

Posted December 21st, 2011 in loans, news, ombudsmen, pensions, taxation, trusts by tracey

“Loans between pension schemes are ‘unauthorised payments’ which cannot be used as a way of unlocking pension capital before a scheme member retires, the High Court has ruled.”

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OUT-LAW.com, 21st December 2011

Source: www.out-law.com

Wedgwood Museum faces selloff to pay £134m pension debt after court ruling – The Guardian

Posted December 20th, 2011 in artistic works, news, pensions by tracey

“Britain is set to lose a world-renowned museum following a high court ruling which could force it to sell its collection to pay off a £134m pension deficit. The Wedgwood Museum in Stoke-on-Trent faces being forced to sell its historic collection of china, masterpieces by Stubbs, Romney and Reynolds, and an archive linked to the nation’s social and industrial history. Judges in Birmingham ruled that the pottery collection owned by the museum was an asset of Waterford Wedgwood Potteries, which went bust in 2009. The collection can now be sold to pay off creditors, the largest of which is the Pension Protection Fund.”

Full story

The Guardian, 19th December 2011

Source: www.guardian.co.uk

Pensions ‘bribes’ crackdown in place by next summer – Daily Telegraph

Posted December 6th, 2011 in codes of practice, employment, news, pensions by sally

“New rules cracking down on companies who ‘bribe’ staff approaching retirement age into taking cash payments in exchange for lower pension payouts will be in place by next summer, the Pensions Minister will say today.”

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Daily Telegraph, 6th December 2011

Source: www.telegraph.co.uk

Monetary remedies in the Tribunal (including interim relief); Maximising the value or minimising the pain – 11 KBW

Posted November 14th, 2011 in compensation, employment tribunals, news, pensions, unfair dismissal by sally

A recession tends to lead to more claims but fewer trials. Employees naturally look for ways to maximise the value of their claims – particularly by reference to causes of action that bust the cap for a ‘vanilla’ unfair dismissal – often (in the case of high value employees) by reference to the whistleblowing legislation. The ‘bar’ for what qualifies for protection as a whistleblowing disclosure is set relatively low, and an employee dismissed from (say) employment in the financial services sector can usually identify something he or she has said in the recent past that can be held out as ‘revealing’ the employer’s true motivation for dismissing and/or as supporting a section 103A claim. On the flip side, recessions may give employers greater scope for ‘Polkey Chance’ arguments – market uncertainty undermines security of employment, and even if the employee has been unfairly dismissed now, who is to say that he or she would still have been in post in a year’s time?

Full story (PDF)

11 KBW, 10th November 2011

Source: www.11kbw.com

Copple and others v Littlewoods plc and others – WLR Daily

Posted November 10th, 2011 in appeals, equal pay, law reports, pensions, sex discrimination by sally

Copple and others v Littlewoods plc and others [2011] EWCA Civ 1281; [2011] WLR (D) 319

“Where an employer’s pension scheme indirectly discriminated against part-timers on the ground of sex by denying them access to the scheme, a female part-time worker was not entitled to any remedy arising from her exclusion from the scheme if she would not in fact have chosen to join the scheme even if she had been eligible to do so.”

WLR Daily, 8th November 2011

Source: www.iclr.co.uk

Pensions Act 2011

Posted November 4th, 2011 in legislation, pensions by tracey

Pensions Act 2011 published

Full text of Act

Source: www.legislation.gov.uk

Landmark pension High Court case: commentary – Daily Telegraph

Posted October 26th, 2011 in budgets, indexation, news, pensions, trade unions by sally

“A High Court test case has been launched to tackle the ‘biggest robbery’ from the pension payouts to British pensioners, unions have claimed. The head of Britain’s largest civil service union sets out the case against the change in pension indexation from the retail price index to the consumer price index.”

Full story

Daily Telegraph, 25th October 2011

Source: www.telegraph.co.uk

Unions launch pensions legal challenge – The Independent

Posted October 24th, 2011 in indexation, news, pensions, trade unions by sally

“Public-sector unions will today open up a new front in their battle with the Government over pension reform with a legal challenge to recently introduced rules over the way annual increases are calculated.”

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The Independent, 24th October 2011

Source: www.independent.co.uk

Landmark pensions ruling upheld – The Independent

Posted October 14th, 2011 in insolvency, news, pensions by tracey

“The Court of Appeal has upheld a landmark ruling that gives priority to company pensioners – ahead of creditor banks and bondholders – when those companies become insolvent.”

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The Independent, 14th October 2011

Source: www.independent.co.uk

Ministers delay state pension rise to 66 to help women – BBC News

Posted October 13th, 2011 in news, pensions, women by tracey

“Plans to raise the state pension age to 66 in 2020 will be delayed by six months to address concerns thousands of women will be unfairly disadvantaged.”

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BBC News, 13th October 2011

Source: www.bbc.co.uk

Employer must not rely blindly on medical advisers when deciding if an employee is eligible for ill-health benefits, ombudsman says – OUT-LAW.com

Posted October 10th, 2011 in disabled persons, employment, news, pensions by sally

“An employer cannot rely ‘blindly’ on its medical advisers when deciding if an employee is eligible for an ill-health early retirement pension, the pensions watchdog has said.”

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OUT-LAW.com, 10th October 2011

Source: www.out-law.com

New rules set pension protection levy at reduced level for next three years – OUT-LAW.com

Posted September 23rd, 2011 in compensation, insolvency, news, pensions by tracey

“The levy paid into a special fund by pension schemes to pay compensation to their members should the scheme go insolvent has been reduced for the next three years, the fund organisers have announced.”

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OUT-LAW.com, 23rd September 2011

Source: www.out-law.com

Civil service unions lose High Court challenge over reduced benefits – The Guardian

Posted August 10th, 2011 in civil servants, judicial review, news, pensions, redundancy, trade unions by sally

“The two largest civil service unions have lost their High Court challenge to a scheme that will reduce benefits paid to members on redundancy and early retirement.”

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The Guardian, 10th August 2011

Source: www.guardian.co.uk

Bridge Trustees Ltd v Yates and others (Secretary of State for Work and Pensions intervening) – WLR Daily

Posted August 1st, 2011 in law reports, pensions, winding up by tracey

Bridge Trustees Ltd v Yates and others (Secretary of State for Work and Pensions intervening) [2011] UKSC 42;  [2011] WLR (D)  267

“Equilibrium of assets and liabilities was not a requirement of the definition of a money purchase pension scheme under section 181 of the Pension Schemes Act 1993.”

WLR Daily, 27th July 2011

Source: www.iclr.co.uk

Bereaved husband claims sex discrimination over NHS pension – Daily Telegraph

Posted July 29th, 2011 in doctors, news, pensions, sex discrimination by tracey

“The bereaved husband of a doctor has undertaken a legal test case claiming sex discrimination because he is receiving a smaller NHS pension than if he were a widow.”

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Daily Telegraph, 29th July 2011

Source: www.telegraph.co.uk

Wilberforce silk fails to win over Supreme Court in pensions case – The Lawyer

Posted July 28th, 2011 in judgments, law reports, legislation, pensions, Supreme Court by tracey

“The Department of Work and Pensions (DWP) is set to redraft pensions legislation after defeat in a key pensions case in the Supreme Court this morning.”

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The Lawyer, 27th July 2011

Source: www.thelawyer.com

Gurkhas take pension battle to ECHR – The Independent

Posted June 21st, 2011 in armed forces, Gurkhas, human rights, news, pensions by sally

“British Gurkhas are taking their battle for equal pension rights to the European Court of Human Rights, it was announced today.”

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The Independent, 20th June 2011

Source: www.independent.co.uk