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CA rules police disablement gratuity not occupational pension scheme
In Clarke v Chief Constable of Derbyshire Constabulary [2024] EWCA Civ 676, the Court of Appeal had to consider whether the employment...

Paul Newman KC
Jun 20, 20241 min read
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No unreduced early retirement rights for TUPE-transferred member
In Mr R (CAS-41116-C8MO, 17 June 2024), the Pensions Ombudsman determined that a member of a pension scheme, whose employment was...

Paul Newman KC
Jun 19, 20241 min read
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Former BHS Group directors liable for wrongful trading & malfeasance
The High Court has found two former directors of the BHS Group liable for wrongful trading and malfeasance arising out of the acquisition...

Paul Newman KC
Jun 11, 20241 min read
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Tribunal upholds tax charge on liberation exercise
In Trachtenberg v The Commissioners for HMRCÂ [2024] UKFTT 376 (TC), the FTT (Tax) has upheld the imposition by HMRC of an unauthorised...

Paul Newman KC
May 28, 20241 min read
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CA dismisses review of FOS decision on SIPP provider
The Court of Appeal in Options UK Personal Pensions LLP v Financial Services Ombudsman Ltd [2024] EWCA Civ 541 has dismissed a judicial...

Paul Newman KC
May 20, 20241 min read
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PO allows retrospective closure of Barber window
In a complaint involving the Avis UK Pension Plan, the Ombudsman considered the retrospective amendment in November 1992 of the Plan’s...

Paul Newman KC
May 8, 20241 min read
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UT considers corporation tax treatment of UURBS
The UT has dismissed an appeal by taxpayer employers, who had made contractual arrangements relating to unfunded unapproved pension...

Paul Newman KC
May 7, 20241 min read
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PO issues new analysis of defences to recoupment claims
The Pensions Ombudsman has published an important new determination, concerning the Bic UK Pension Scheme, which deals with the defences...

Paul Newman KC
Apr 25, 20241 min read
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CA upholds validity of McCloud costs directions
The Court of Appeal has dismissed an appeal by two trade unions in R (The British Medical Association) v HM Treasury [2024] EWCA Civ 355....

Paul Newman KC
Apr 19, 20241 min read
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High Court makes order against Iranian retirement fund
The Commercial Court has considered a claim against the Iranian state-owned oil and gas company and a closely related retirement fund:...

Paul Newman KC
Apr 16, 20241 min read
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Important Appeal Court case adjourned
The Court of Appeal today adjourned the appeal in Manolete Partners plc v White [2024] EWCA Civ 356, which was described as raising an...

Paul Newman KC
Apr 11, 20241 min read
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Asset manager appointed by linked trust corporation held to be conflict of interest
In Irwin Mitchell Trust Corpn v PW [2024] EWCOP 16, a trust corporation, appointed as property and affairs deputy for a protected person...

Paul Newman KC
Mar 21, 20241 min read
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Reduction in rate of tax on return of surplus
With effect from 6 April 2024, the rate of tax payable on authorised employer payments from registered pension schemes will reduce from...

Paul Newman KC
Mar 13, 20241 min read
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Scheme administrators who sent benefit statements to old addresses not liable for data misuse
Pension scheme administrators are not liable for misuse of data by sending benefit statements to the wrong addresses In Farley v...

Paul Newman KC
Mar 4, 20241 min read
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High Court approves compromise in Avon Cosmetics case
The High Court has today approved a compromise of the remainder of the Avon Cosmetics litigation not dealt with in the recent judgment....

Paul Newman KC
Feb 19, 20241 min read
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CA judgment delivered in Railways PS case
On Friday the Court of Appeal handed down judgment on an issue concerning the scope of the deficit repair rule of the Railways Pension...

Paul Newman KC
Feb 11, 20241 min read
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New report on pension trustees and investment duties
A working group commissioned by the Financial Markets Law Committee has published a report intended to assist pension trustees in making...

Paul Newman KC
Feb 8, 20241 min read
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DWP publishes draft DB Funding Regs
DWP has today published its response to the consultation on the Occupational Pension Schemes (Funding and Investment Strategy and...

Paul Newman KC
Jan 29, 20242 min read
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tPR issues new investment guidance
The Pensions regulator (tPR) has had a busy couple of weeks. After laying the general code of practice before Parliament on 10 January,...

Paul Newman KC
Jan 28, 20241 min read
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Judgment handed down in Newell
Judgment was handed down this morning in Newell Trustees Ltd v Newell Rubbermaid UK Services Ltd [2024] EWHC 48 (Ch), in which Michael...

Paul Newman KC
Jan 23, 20241 min read
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