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Overpayments of benefits: when can a beneficiary keep the overpayment?

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • August 27 2010

In a perfect world, pension scheme trustees would always pay the correct amount of benefit to the correct beneficiary at the correct time

A round up of pensions developments

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • April 4 2012

Under the Finance Act 2011, the lifetime allowance (LTA) will be reduced from its current level of £1.8m to £1.5m from 6 April 2012

GN16 and GN28 actuarial certificates withdrawn from 1 October 2011

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • October 3 2011

The Board of Actuarial Standards' guidance notes GN16 and GN28 have been withdrawn from 1st October 2011

Emergency Budget: radical changes to high earner proposals

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • June 23 2010

Yesterday's Emergency Budget included various pensions-related announcements

Supreme Court to hear appeal from the Court of Appeal's decision in Pitt v Holt; Futter v Futter

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • August 5 2011

The Supreme Court Appeal Panel has given permission to appeal against the decision of the Court of Appeal in the cases of Pitt and another v Holt and another; Futter and another v Futter and others 2011 EWCA Civ 197 (on unravelling trustees' actions that have led to unexpected consequences

A round-up of pensions developments: March 2013

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • April 4 2013

There were no real surprises in the Budget 2013 announced by the Chancellor of the Exchequer this month, as far as pensions are concerned. Most of the

To equalise or not to equalise? - DWP to consult on GMP equalisation

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • March 10 2011

The Department for Work and Pensions (DWP) has told the Occupational Pension Schemes Joint Working Group (in a note to the group) that it will consult on draft legislation in relation to GMP equalisation around Easter time

Pensions regulator withdraws threat of FSD

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • July 15 2011

The Pensions Regulator announced this week that it will not pursue action to impose a Financial Support Direction against US company, Chemtura Corporation and members of its group after a funding settlement, involving the payment of expedited contributions to the pension scheme of its UK subsidiary, was reached with the scheme's trustees

A round-up of pensions developments: July 2012

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • August 3 2012

The Pensions Regulator has published a report in relation to its role to "disrupt fraud" and protect member benefits in the GP Noble Trustees case

Flexible apportionment arrangements

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • September 19 2012

This briefing on flexible apportionment arrangements is the second in our series of briefings on employer debts under section 75 of the Pensions Act 1995

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