The Burges Salmon Pensions Pod

S4 Ep4: How are we seeing trustees respond to the recent Virgin Media case?

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In our first episode of 2024 Helen Cracknell is joined by Luke Parry-Billings, a trainee solicitor in our pensions team to discuss how trustees could respond to the recent Virgin Media Ltd v NTL Pension Trustees II case.

The High Court considered the question of whether amendments made to rights to the payment of pensions and accrued rights to pensions in a contracted-out Scheme would be invalid in the absence of actuarial confirmation. This raises the question - What should trustees do next?

In this episode Helen and Luke cover:

  1. A summary of the Virgin Media Ltd v NTL Pension Trustees II case and its upcoming appeal;
  2. The questions that our clients are asking us in relation to the case; and
  3. The different ways we are seeing trustees respond to the case.
    4. The episode is 14 minutes long.

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    The Burges Salmon Pensions PodBy The Burges Salmon Pensions Pod