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News, Articles & Events: Pensions Law

HR teams often have a central or supporting role in managing additional workforce issues, such as health & safety, pension provision and immigration arrangements. These practical know-how sessions will help to refresh and update you on law and best practice – and most importantly – mitigate risk. Join us for one or sign up for […]

Following the Court of Appeal’s judgment in CMG Pension Trustees v CGI IT UK Ltd and Another [2023] EWCA Civ 1258, the Pensions Ombudsman has issued a helpful factsheet to explain what pension scheme trustees (or managers) need to do to be able to recoup benefit overpayments from future instalments of pension. When trustees discover […]

National leading law firm, Freeths, has announced eight new appointments across its highly successful Employment, Pensions and Immigration practice led by Rena Magdani, as it continues to achieve outstanding record growth. As one of the UK’s fastest-growing law firms, the hires are spread across the business’s 13 offices including London, Oxford, Leicester, Leeds and Manchester. […]

On 11 July 2023, the Department for Work and Pensions (DWP) and HM Treasury (HMT) jointly issued a call for evidence from trustees, advisers and other stakeholders to assist in formulating policy to improve the skills and capability of pension trustees in relation to their decision—making on investments. Maxwell Ballad, Director at Freeths, comments on […]

The Pensions Ombudsman and Deputy Pensions Ombudsman have given determinations in two cases where the employer had failed to pay pension contributions across to the pension scheme on time. In both cases awards for distress and inconvenience were made and the employer was directed to make good any loss arising from a shortfall in the […]

The Minister for Schools recently announced an extension to the guarantee given by the Department for Education (“DfE”) to academy trusts in respect of Local Government Pension Scheme (“LGPS”) liabilities which may make it easier for academies who wish to outsource services like catering and cleaning. Academy trusts are automatically employers in the LGPS and […]

Contracting-out ended in 2016 but it still has the potential to cause trouble. For benefits accruing on and after 6 April 1997, a contracted-out salary-related scheme (COSR) had to provide benefits which were broadly equivalent to, or better than, a reference scheme specified in the legislation. When the rules of a COSR were changed it […]

Deciding who should receive a lump sum death benefit (or a share of it) can be difficult particularly if the member had not completed an Expression of Wishes form recently or there are complicated family circumstances. Trustees generally do the best they can, recognising that there is not necessarily a right answer, but they must […]

National law firm Freeths has advised the Trustees of the Shoe Zone Pension Scheme on a £34m buy-in with Rothesay. Sponsored by leading UK footwear retailer Shoe Zone Retail Limited, the deal secures the benefits for all remaining 500 uninsured members of the Scheme. This includes defined benefit liabilities for 367 pensioners and dependants, and […]

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