It was Mark Twain who was forced to protest that the reports of his death had been exaggerated. Although the terminal decline of the final salary pension scheme has been solemnly predicted for some time, for those of us involved in pensions this year it has felt more like a high fever than a long goodbye.
Archive for December, 2010
Pension schemes in 2010: what kind of year has it been?
Thursday, 30 December 2010Dear Government and the Courts: My Christmas pensions wish list
Tuesday, 21 December 2010Written your letter to Santa yet? I absolutely love the glitter and sparkliness of this time of year, complete with a bauble-tastic Christmas tree and my usual immoderate approach to tinsel. However the pensions industry is wrestling with the switch from RPI to CPI, the holes in the section 251 surplus regime and the treatment of Pensions Regulator orders against Nortel and Lehman Brothers, while guaranteed minimum pensions just won’t go away. So what should we be asking the DWP and HMRC for on the pensions front this year? Being a pensions lawyer to the core, my letter to Father Christmas has some unusual wishes…
