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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


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


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


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


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


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


Judgment handed down in Avon Cosmetics
The High Court this morning handed down an important judgment clarifying the conditions for saving partially-invalid amendments: Avon...

Paul Newman KC
Jan 17, 20241 min read


tPR publishes new General Code of Practice
tPR has today published a new General Code of Practice, which seeks to combine and update 10 existing codes of practice relating mainly...

Paul Newman KC
Jan 10, 20241 min read


New HMRC lifetime allowance guidance
On 20 December 2023, HMRC published a new lifetime allowance guidance newsletter, updated yesterday. Pensions Barrister hopes to publish...

Paul Newman KC
Jan 5, 20241 min read


Ombudsman issues overpayment recovery factsheet
The Pensions Ombudsman (PO) has issued a factsheet explaining the effect of the Court of Appeal’s decision in CMG Pension Trustees v CGI...

Paul Newman KC
Dec 22, 20231 min read


BBC appeal hearing date
June appears to be pensions month in the Court of Appeal! The appeal in the BBC case is now listed for 25 June. See the casetracker for...

Paul Newman KC
Nov 28, 20231 min read


Virgin Media appeal hearing date
Pension Barrister has heard that the appeal to the Court of Appeal in Virgin Media has been fixed to begin on either 25 or 26 June 2024...

Paul Newman KC
Nov 27, 20231 min read


Autumn Statement brings multiple pensions reforms
In accordance with industry speculation, the Chancellor has made a number of announcements in relation to pensions in today's Autumn...

Paul Newman KC
Nov 22, 20231 min read


PLSA publishes go-to history of pension schemes
To mark the centenary of the PLSA (formerly the NAPF), "PLSA at 100: the past, present and future" has been published. Produced with the...

Paul Newman KC
Nov 17, 20231 min read


CA confirms Ombudsman not "competent court"
Judgment of the CA was handed down today in Pensions Ombudsman v CMG Pension Trustees Ltd. CA confirmed that the requirement in s.91(6)...

Paul Newman KC
Nov 1, 20231 min read


PO issues 1st determination on Transfer Regs conditions
In Mr W (CAS-93568-H0D0) the Ombudsman has given his 1st determination on the Occupational and Personal Pension Schemes (Conditions for...

Paul Newman KC
Oct 31, 20232 min read


tPR issues first climate change fine
On 28 September, tPR issued its first climate change reporting fine. tPR fined the ExxonMobil Pension Plan £5,000 for failing to meet new...

Paul Newman KC
Oct 22, 20231 min read


BBC News
At an oral hearing on Friday 15th September, Adam Johnson J granted BBC permission to appeal to the Court of Appeal from his decision in...

Paul Newman KC
Sep 16, 20231 min read


No quantum of solace for in specie contributions
The FTT has rejected another appeal by a scheme administrator against the rejection of relief at source on in specie contributions into a...

Paul Newman KC
Aug 18, 20231 min read


Shah v Pensions Regulator: UT confirms Contribution Notice
On Friday 28 July, the Upper Tribunal (Tax and Chancery Chamber) published its decision in Shah v The Pensions Regulator [2023] UKUT...

Paul Newman KC
Jul 31, 20231 min read
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