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Horton v Henry [2014] – pensions and bankruptcy – appeal allowed

United Kingdom - February 19 2015 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…

Lesley Browning, Lesley Harrold

Workplace personal pensions: FCA publishes final rules for IGCs

United Kingdom - February 19 2015 Following consultation in August 2014, the Financial Conduct Authority (FCA) has published the final rules applying to independent governance…

Lesley Browning, Lesley Harrold

Budget flexibilities: TPR publishes draft guidance on DB to DC transfers

United Kingdom - February 19 2015 Of interest to DB schemes is the draft guidance published by the Pensions Regulator (TPR) on member requests for transfers from DB to DC schemes. It…

Lesley Browning, Lesley Harrold

Pensions Ombudsman: Bashford – scheme administrator should have warned beneficiary of two-year time limit for death benefits

United Kingdom - February 19 2015 A recent determination from the Pensions Ombudsman will be of interest to all trustees and administrators and highlights once again that schemes…

Lesley Browning, Lesley Harrold

PPF: levy ceiling set for 2015/16

United Kingdom - February 19 2015 The PPF levy ceiling for the 2015/16 financial year has been fixed by statutory instrument laid before Parliament on 2 February 2015. The overall PPF…

Lesley Browning, Lesley Harrold