UK Pensions Law

Richard Goldstein looks at a number of recent developments in the pensions industry, including a new Finance Bill, measures to tackle pension scams, a further HMRC brief on VAT on pension fund management services, and the Court of Appeal’s decision in the Safeway case.

Richard Goldstein looks at two recent cases in which the Court of Appeal considered issues arising in relation to changes made by employers to the pension schemes – the IBM case which concerned the employer’s duty of good faith and the BBC case which concerned pensionable pay caps.

Richard Goldstein looks at the recent British Airways case in which the High Court held that the trustees of the Airways Pension Scheme validly exercised the Scheme’s amendment power to introduce a trustee power to pay discretionary pension increases, and that the trustees’ subsequent exercise of that power was valid.

Richard Goldstein looks at two recent cases in which the Courts considered the scope of a power to change a scheme’s indexation measure and the operation of a pension increase underpin arising as a result of a defective rule amendment.

Richard Goldstein looks at the EU General Data Protection Regulation that comes into force in May 2018, its implications for UK occupational pension schemes, and what schemes should be doing in order to comply with it.

Richard Goldstein looks at the Green Paper on security and sustainability in DB pension schemes that was published recently by the Government and, in particular, the potential changes to the DB pension system considered in the paper.

Richard Goldstein looks at the Pension Schemes Bill that is currently progressing through Parliament. The Bill’s main focus is the creation of an authorisation and supervision framework for master trusts. As currently drafted, the framework could apply to schemes with non-associated participating employers that are not traditionally considered to be “master trusts”.

Richard Goldstein looks at some of the main developments in the pensions industry in 2016 and at some forthcoming and expected developments in 2017.

Richard Goldstein looks at the Government’s recently published consultation on a proposed method by which it believes schemes could convert GMPs into ordinary scheme benefits and simultaneously satisfy any duties they may have to treat men and women equally in relation to GMPs built up from 17 May 1990 onwards.

Richard Goldstein looks at the issue of recovery of VAT charged on services provided to occupational pension schemes following the recent publication of a further HMRC brief on the topic.