Of general interest is the appeal in the case of Horton v Henry, on which we reported in our January 2015 update. In Horton, the High Court declined to follow a previous ruling, and decided that a bankrupt could not be compelled to access his pension savings to pay off creditors.

The case is to be appealed, with the Court of Appeal hearing to be held at some point between 14 May and 14 July 2015. Clarification on the issue of whether or not undrawn pensions are part of a bankruptcy estate will be welcome, particularly in the light of the Budget flexibilities available from April 2015, under which members will be able to access their entire fund as a lump sum.