Recent insights
The brave new world of master trusts and pension scheme consolidation
15 Jun 2018
A new regulatory framework relating to master trusts, intended to strengthen the governance requirements and improve the protection of members' benefits under such arrangements, will come into force later this year. In this article we take a closer look at the detail of the new regime and consider what further developments may follow as the idea of consolidation continues to evolve.
White paper on 'Protecting Defined Benefit Pension Schemes': what does it mean for you?
15 Jun 2018
In March 2018 the Department for Work & Pensions published a White Paper entitled Protecting Defined Benefit Pension Schemes, which set out proposed changes for defined benefit schemes in three key areas:
More borrowing powers conferred on mayoral combined authorities
14 Jun 2018
Combined Authorities are legal bodies established under the Local Democracy,Economic Development and Construction Act 2009 as amended that may be given power to exercise specified functions of a local authority, and power to exercise specified functions of any other public authority.
Do cross-border TUPE transfers give employees the right to insist on "golden relocations"?
14 Jun 2018
In Xerox Business Services Philippines Inc Ltd v Zeb (UKEAT/0121/16), the Employment Appeal Tribunal (EAT) considered an employee's insistence on retaining his UK pay upon proposed relocation. The issue arose when a UK company's finance function was moved to its Philippines-based sister company, rendering the UK finance staff potentially redundant.
Plumber wins workers' rights in Supreme Court decision
14 Jun 2018
The Supreme Court has yesterday (13 June) handed down its decision in Pimlico Plumbers Ltd and another v Smith. In a unanimous decision, the Supreme Court held that Mr Smith - a plumber - was a worker and could therefore bring various employment claims against Pimlico Plumbers Ltd (the Company).
Recovery of over-payments to pensioners: in what circumstances and for what period is it possible?
14 Jun 2018
Burgess v Bic UK Ltd, [2018] EWHC 785 (Ch), 2018 WL 01811367
In this recent High Court judgment considering a number of issues that arise fairly frequently in pension schemes, some of the decisions reached are not entirely in line with recent case law.
In this recent High Court judgment considering a number of issues that arise fairly frequently in pension schemes, some of the decisions reached are not entirely in line with recent case law.
