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Pensions update: major Virgin Media development
The Government has announced that it will introduce a legislative 'fix' to give pension schemes the ability to retrospectively obtain written actuarial confirmation that historic benefit changes met the necessary standards.
Barnardo's indexation case: Supreme Court adds another piece to the jigsaw
The Supreme Court has given judgment on the next instalment in the case law determining when pension schemes can switch indices for the purposes of revaluation and indexation.
Court of Appeal provides guidance on the Pensions Regulator’s powers to issue a Financial Support Direction
In December 2001, the Pensions Regulator issued a Financial Support Direction (FSD) to certain companies in the ITV group (the Target) requesting that they provide support to the Box Clever Group Pension Scheme (the Scheme).
Pensions in 2019 - our top six
2019 promises to be another busy year for the pensions sector. This briefing picks out six topics that will be of interest to employers and trustees in the coming months.
DWP preaches conversion but is it a holy route out of GMP inequality?
Last month the Department for Work and Pensions (DWP) issued guidance about how occupational pension schemes could use existing guaranteed minimum pension (GMP) conversion legislation to address unequal GMPs.
A practical guide to GMP equalisation – the story so far
There are some key issues relating to guaranteed minimum pensions (GMP) equalisation that trustees should be aware of.
Court gives important guidance on justifying pension provisions which are potentially discriminatory
The Court of Appeal handed down a decision on 20 December 2018 declaring the government's transitional arrangements in respect of judicial and firefighter pension schemes discriminatory.
GMP equalisation – an answer to a thirty-year-old question?
A question frequently kicked into the long grass by the pensions industry was whether guaranteed minimum pensions had to be equalised between male and female members. If so, how?