IBM
Why employers should feel comfortable when changing benefit rules
Two Court of Appeal judgments have allowed schemes to introduce a pensionable pay cap. James Phillips explains the reasons why and what to be aware of
IBM members 'will not appeal' ruling to Supreme Court
The landmark Court of Appeal judgment which allowed IBM to impose a cap on increases in pensionable pay will not be appealed to the Supreme Court, according to a members' forum.
Five stories you may have missed this week
This week's top stories included reports that chancellor Philip Hammond is considering cutting higher-rate tax relief in the Autumn Budget, while the Court of Appeal ruled IBM had the right to impose a cap on increases in pensionable pay.
IBM wins appeal over pensionable pay cap
The Court of Appeal has sided with IBM Holdings in a battle over the closure of its defined benefit (DB) schemes and a cap on increases in pensionable pay.
Why trustees should watch the courts in 2017
2016 was a big year for pensions in the courts, but the coming months already have a number of potentially game-changing cases lined up. James Phillips explores the cases to watch
Ombudsman rejects erroneous claim to full DB pension
The ombudsman's ruling in favour of the trustees and sponsor in the Kingfisher Pension Scheme case could have huge implications for future cases, writes Michael Klimes
IBM mulls plans to close scheme to existing members
IBM is consulting on plans to close its defined benefit pension schemes to existing members.
