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Written by Occupational Pensions
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Sunday, 01 August 2010 00:00 |
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In Catchpole v Trustees of the Alitalia Airlines Pension Scheme, the High Court has ruled that the trustees, who had wrongly advised Mr Catchpole that a spouse’s pension would be payable to his partner in the event of his death, were bound by estoppel because he acted on the basis of the trustees’ assurances by remaining unmarried. The judgment reversed a decision by the Pensions Ombudsman. (Brief details on p.14.) More details of the latest regulatory and case law developments appear on p.14. Our latest “Quarterly state-of-play” table on all regulatory matters on a subject-by-subject basis was in the June issue.
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Written by Occupational Pensions
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Sunday, 01 August 2010 00:00 |
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Finance (No.2) Bill: introduces some of the changes announced in the new government’s Budget (OP, July 2010), including giving the government power to repeal the legislation due to take effect in 2011
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Written by Occupational Pensions
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Sunday, 01 August 2010 00:00 |
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National Health Service Pension Scheme (Amendment) Regulations 2010 (SI 2010/1634): make a number of changes to the NHS Pension Scheme, including: introducing uprated pay/earnings bands for the purpose of assessing tiered contribution rates; specifying the employer’s contribution rate to be 14%; and reflecting the roles of all interested parties in respect of setting assumptions for calculating liabilities.
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Written by Occupational Pensions
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Sunday, 01 August 2010 00:00 |
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Actuarial Quality Framework: the Financial Reporting Council (FRC) has updated its guide to assessing the quality of actuarial work for use by actuaries, users of actuarial services, advisers and policymakers.
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Written by Occupational Pensions
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Sunday, 01 August 2010 00:00 |
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Theoretical pension claims may be ignored Re Liberty International plc, High Court, Chancery Division, Companies Court [2010] EWHC 1060 (Ch
The company wished to reduce its share capital as part of a demerger and then issue shares in a new company.
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