UK - A test case could resolve part-timer issues over backdated pension contribution repayments, lawyers claim.
The case – Light v Birmingham City Council – is due to be heard in Nottingham in March.
Linklaters pensions litigation partner Mark Blyth said the case will resolve many outstanding part-timer claims over how contributions should be calculated when a employee is given backdated membership.
He said: “The question is how should these issues be dealt with – by one lump sum payment or by retrospective scheduling? Also, should these contributions have interest added on?”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers