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Protected lump sums: practical issues for trustees and administrators

Helen Powell

The pension freedoms have created particular risks and hurdles for members with protected lump sum rights. In some cases, members may not be able to take their rights in the form they would prefer, except with assistance from trustees or other members. Read the rest of this entry »

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Recovering overpayments – where to draw the line?

Jason Shaw

Recovering overpayments can be a real headache for trustees. Failing to take the right steps at the right time can have a real impact on the prospect of recovering any overpaid monies at all. In addition, the time and cost involved in recovering the monies can sometimes entirely dwarf the amount that could be recovered. The recent High Court case of Webber shines a light on both of these issues. Read the rest of this entry »

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Dutch works councils get stronger rights of approval on pensions changes

Frank Doornik

Dutch works councils will shortly gain a new right of approval in relation to the adoption, cancellation or amendment of arrangements relating to a pension agreement – a potentially significant new power to block changes to a pension scheme, regardless of how it is structured (for example, with a pension fund, an insurer or a premium pension institution). Read the rest of this entry »

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Intra-group secondments and pension liabilities

Däna Burstow

Intra-group secondment arrangements could give rise to a liability to contribute to a deficit in a defined benefit pension scheme – that’s the (possibly surprising) conclusion of a recent Court of Appeal ruling. Read the rest of this entry »

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A Decade of Non-Stop Simplification

Helen Powell

6 April 2016 marks the 10-year anniversary of ‘A-Day’, the start date of the new regime of pensions tax simplification. How is that working out for you?

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