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Scheme changes and members’ “reasonable expectations” – High Court rules predominantly in favour of members in IBM case

United Kingdom - February 24 2015 The decision in the remedies hearing in relation to the IBM Project Waltz case (the remedies judgment) was published on 20 February 2015, with Warren…

Peter Ford.

Budget flexibilities: guidance guarantee – Government launches Pension Wise

United Kingdom - February 19 2015 Of interest to all pension savers and schemes is the launch by HM Treasury on 12 January 2015 of its "Pension Wise" branded service which will…

Lesley Harrold, Peter Ford.

Pensions Act 2014 – commencement details on new State pension, override for employers with final salary contracted-out schemes, and short service benefit refunds

United Kingdom - February 19 2015 The Pensions Act 2014 (Commencement No. 4) Order 2015 brings the following provisions of the Pensions Act 2014 into force: from 5 February 2015…

Lesley Harrold, Peter Ford.

Abolition of DB contracting-out: HMRC publishes update on the statutory override

United Kingdom - February 19 2015 Of interest to all salary-related contracted-out schemes is the DWP's update on the delayed publication of the regulations providing the statutory…

Lesley Harrold, Peter Ford.

Pensions liberation: HMRC publishes newsletter

United Kingdom - February 19 2015 Of interest to all trustees and administrators is the latest publication from HMRC detailing its ongoing efforts to tackle pension liberation fraud…

Lesley Harrold, Peter Ford.