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Round up of pensions developments: May 2013

Herbert Smith Freehills LLP
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European Union, United Kingdom
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June 4 2013

Draft wording has been published in the Pensions Bill 2013 in relation to the Pensions Regulator's new objective.The objective had been announced by

Supreme Court refuses to set aside trustees' actions under the Hasting-Bass principle but allows the actions to be set aside under the principle of mistake

Herbert Smith Freehills LLP
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United Kingdom
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May 24 2013

The Supreme Court has agreed with the Court of Appeal in not allowing the actions of trustees of two separate trusts to be set aside under the

High Court considers the scope of the Pensions Ombudsman's jurisdiction

Herbert Smith Freehills LLP
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United Kingdom
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December 20 2012

In The Pensions Ombudsman v EMC Europe Limited and Others 2012 EWHC 3508 (Ch), the High Court has decided that the Pensions Ombudsman did not have

Pensions regulator withdraws threat of FSD

Herbert Smith Freehills LLP
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United Kingdom
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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

Current Search

Workarea - Litigation
Jurisdiction - United Kingdom
Firm Name - Herbert Smith Freehills LLP
Author - Daniel Schaffer
Author - Alison Brown
Author - Samantha Brown
Author - Roderick Morton
Author - Naveed Soomro