Paul Newman KC looks at a recent High Court insolvency case which sheds light on the important issue of how to value pension scheme liabilities in professional negligence disputes. To read the article, click on the pdf below.

Following the passing of the Pension Schemes Act 2026, the Financial Reporting Council has today published its finalised guidance for scheme actuaries when asked to provide retrospective confirmation to validate historic amendments invalidated by the Virgin Media decision. The substance of the guidance is unchanged from the version issued in January: the final version introduces minor amendments to the wording and references to ensure clarity and alignment with the enacted legislation. The...

Two significant LGPS statutory instruments were laid before Parliament yesterday. The Local Government Pension Scheme (Amendment) (Governance) Regulations 2026 introduce a new governance framework for administering authorities, including mandatory governance, training and conflicts documents, a senior LGPS officer, an independent person, knowledge and understanding requirements, administration strategies and independent governance reviews aligned with valuation cycles. The Local...