Schemes could face an unexpected funding hit when the transitional Inland Revenue earnings cap installed on A-Day expires next year, a lawyer warns.
Trustees could be on the hook for liabilities up to 15 years after a buyout has occurred if they fail to take adequate insurance cover, lawyers warn.
UK - Trustees could be on the hook for liabilities up to 15 years after a buyout has occurred if they fail to take adequate insurance cover, lawyers warn.
Sacker & Partners has expanded its team of solicitors with the appointment of Claire van Rees from Hogan Lovells.
Simmons & Simmons solicitor Monica Ma introduces this month's legal panel
The first issuance of a contribution notice could signal a clampdown on companies who fail to engage with trustees and the regulator, lawyers say.
Employers who thought they were free of funding obligations might still be "on the hook" for paying liabilities, following a High Court ruling yesterday.
Pensions will remain the political ‘elephant in the room' which ever party emerges as the victor, Sackers says.
The misinterpretation of scheme rules led to a member being forced into voluntary redundancy and missing out on his valid ill-health pension entitlement.
Sackers has expanded its dispute resolution unit with the appointment of newly qualified solicitor James Bingham.