Catrin Young and Kate Granville Smith of Burges Salmon have produced a webinar in which they discuss correcting benefit underpayments in DB pension schemes. The webinar recaps what the line of cases that has emerged since the Lloyds Bank judgment in 2018, including last summer’s case of CMG Pension Trustees Limited v CGI IT UK Limited, has and has not said about correcting underpayments made to both current and former members. They then offer some practical tips on correcting benefits of current members and former “not on admin” members, covering whether there is any legal or other justification for not correcting an underpayment and any tax issues to be aware of when topping up underpaid benefits.

The webinar can be found here