‘An 81-year-old woman killed herself after running out of money when her pension was frozen due to an administrative error.’
The Guardian, 9th May 2019
Source: www.theguardian.com
Work and Pensions Secretary Amber Rudd MP has announced that the government will introduce two new criminal offences to penalise the mismanagement of pension schemes.
Doughty Street Chambers, 11th February 2019
Source: insights.doughtystreet.co.uk
‘MPs and pension experts have welcomed government plans to introduce lengthy jail sentences for executives who recklessly mismanage pension funds, in an effort to avoid a repeat of recent scandals like BHS or Carillion.’
The Guardian, 10th February 2019
Source: www.theguardian.com
‘A man who defrauded Westminster City Council’s pension fund of more than £1m has been jailed for seven years.’
Local Government Lawyer, 29th January 2019
Source: www.localgovernmentlawyer.co.uk
‘The High Court has taken the proactive step of capping the costs of a litigant before they pursue an appeal through the Supreme Court. Mr Justice Arnold said the claimant in Airways Pension Scheme Trustee Ltd v Fielder & Anor should be limited to the same costs as the defendant – in doing so shaving around £200,000 from the costs estimate.’
Law Society's Gazette, 16th January 2019
Source: www.lawgazette.co.uk
‘Jess Varnish, the former Great Britain track cyclist, has lost her landmark employment case against British Cycling and UK Sport which had threatened to overhaul funding for Olympic athletes.’
The Guardian, 16th January 2019
Source: www.theguardian.com
‘Regulations banning ‘cold calls’ relating to pensions have been passed by parliament, and will come into force on 9 January 2019.’
OUT-LAW.com, 21st December 2019
Source: www.out-law.com
‘The claimant appealed against a decision that the calculation of an enhancement under the ill-health early retirement provisions of his pension was not unfavourable treatment that constituted discrimination arising from disability.’
UKSC Blog, 17th December 2018
Source: ukscblog.com
‘The case concerns discrimination against part-time judges in the calculation of pensions. The issue is whether periods of service as a part-time judge prior the coming into effect of Part Time Workers Directive (97/81/EC) should be taken into account in calculating the amount of pension to be paid upon retirement.’
Cloisters, 7th November 2018
Source: www.cloisters.com
‘The wording of the pension scheme rules prevents BT from changing the rate of inflation it uses to uprate benefits payable under one of the strands of its pension scheme, the Court of Appeal has confirmed.’
OUT-LAW.com, 5th December 2018
Source: www.out-law.com
‘BT has lost a legal bid to make changes to its pension scheme that unions claim would have transferred an estimated £2bn of wealth from scheme members to shareholders.’
The Guardian, 4th December 2018
Source: www.theguardian.com
‘People who attempt to swap final salary company pensions for cash are being left in limbo following a controversial legal judgment.’
Daily Telegraph, 12th November 2018
Source: www.telegraph.co.uk
‘From Tuesday women in the UK will begin to qualify for their state pensions at the same age as men – currently 65.’
BBC News, 5th November 2018
Source: www.bbc.co.uk
‘The UK’s Pensions Ombudsman has introduced a fixed-amount award to compensate individuals who have suffered “distress and inconvenience” as a result of the maladministration of a pensions scheme.’
OUT-LAW.com, 17th September 2018
Source: www.out-law.com
‘Pension schemes are being warned they may be being too generous when offering cash lump sums to people considering transferring out of their gold-plated deals.’
The Guardian, 29th August 2018
Source: www.theguardian.com
‘Company bosses who dissolve their firms to avoid paying off staff or meeting pension commitments will risk being hit with fines, under new government plans.’
BBC News, 26th August 2018
Source: www.bbc.co.uk
‘The Pensions Ombudsman is planning to overhaul the way it handles pensions disputes over the coming year, it has said.’
OUT-LAW.com, 24th August 2018
Source: www.out-law.com
‘The UK’s Pensions Regulator (TPR) has begun to use a number of enforcement powers for the first time in efforts to deal with issues such as pension scams, scheme valuations and automatic enrolment.’
OUT-LAW.com, 21st August 2018
Source: www.out-law.com
‘The appeal concerned whether the Scheme had been effectively amended to include a trustee power to award discretionary pension increases and whether the subsequent exercise of that power was valid.’
Radcliffe Chambers, 5th July 2018
Source: www.radcliffechambers.com
‘Pensions analysis: A ruling by the Court of Justice of the European Union in MB v Secretary of State for Work and Pensions Case C-451/16 [2018] All ER (D) 135 (Jun) that EU law precludes UK legislation which requires a woman who had previously been a married man to be no longer married to a woman in order to be able to claim a state retirement pension as from the statutory pensionable age applicable to women is examined by Dr Christopher Stothers, a partner at Freshfields Bruckhaus Deringer. This case has significant implications on how countries recognise changes to gender.’
Family Law, 10th July 2018
Source: www.familylaw.co.uk
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