Image:
High Court of Justice
The High Court has overturned revaluation rules for contracted-out defined benefit (DB) schemes in a case involving Virgin Media and the National Transcommunications Limited (NTL) Pension Plan.
The case, brought last year by Virgin Media, concerns the benefits earned by members from pensionable service between 8 March 1999, when the scheme's rules were updated, and 21 June 2010, when the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
