British Steel Final Determinations
The Pensions Ombudsman has published the final determinations in the four lead British Steel cases concerning maladministration in relation to member communications and information. In this briefing, we provide a summary and highlight some lessons for trustees. Background During a period of uncertainty regarding the future of the Old British Steel Pension...
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Recent Articles
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And, breathe …
At the end of a tumultuous year for Britain’s relationship with the rest of Europe, it seems appropriate that the European Court of Justice (CJEU) had the last word on 19 December, when it gave its judgement on a number of questions raised in the Bauer case. Of most interest... Read More
16 January, 2020 -
Conflict in the Middle-East - should trustees be concerned?
As you have no doubt read in the press, President Trump is making headlines again, just for a change, by authorising the assassination of a senior Iranian Military commander. I am not going to express my views on the relative merits of such action but I do want to comment... Read More
9 January, 2020 -
GMP and the need to equalise
For many, GMPs seem like a nightmare from the past. They had detailed rules for calculating the amounts and added complexity to UK pensions with different retirement ages and ways of revaluing in deferment and payment compared to main scheme benefits. However, they ceased to build up in April 1997,... Read More
18 December, 2019 -
Sole Trustee versus Consolidator
For the uninitiated, read only the title and this blog might draw you into the world of a hip-hop collaboration that’s about to ‘drop’ - or perhaps a review of a WWF wrestling match. But, with all the surprise of another day filled with even more political promises, it will... Read More
11 December, 2019
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