No legal barriers to social investment, but pension schemes still not investing – Law Commission

Posted June 23rd, 2017 in contribution, Law Commission, news, pensions, press releases, reports by tracey

‘There are no legal or regulatory barriers to pension schemes making social investments, according to a new report by the Law Commission.’

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Law Commission, 23rd June 2017

Source: www.lawcom.gov.uk

Government acted unlawfully by restricting ‘ethical’ boycotts of Israel, High Court rules – The Independent

‘The Government acted unlawfully by seeking to restrict “ethical” boycotts of Israel, the High Court has ruled. After accepting a judicial review, the judge said Sajid Javid, the Secretary of State for Communities and Local Government, acted unlawfully in issuing guidance to restrict local councils from pursuing boycott, divestment and sanctions (BDS) against Israel through their pension schemes.’

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The Independent, 22nd June 2017

Source: www.independent.co.uk

Complaints about pension products on the rise following freedoms, says ombudsman – OUT-LAW.com

Posted June 15th, 2017 in complaints, news, ombudsmen, pensions, reports by sally

‘Consumer complaints about self-invested and small self-administered pension products increased by a third last year, in the aftermath of more flexibility around pension savings, according to the Financial Ombudsman Service (FOS).’

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OUT-LAW.com, 14th June 2017

Source: www.out-law.com

Regina v Sheffield Teaching Hospitals NHS Foundation Trust – WLR Daily

Posted June 1st, 2017 in birth, damages, law reports, pensions, personal injuries, valuation by sally

Regina v Sheffield Teaching Hospitals NHS Foundation Trust [2017] EWHC 1245 (QB)

‘The claimant, a 24-year-old man, suffered from physical impairments caused by injuries suffered during his birth at the defendant’s hospital. He was expected to live to about 70 years old, which represented a reduction, as a result of his injuries, from the normal life expectancy for a male of his age. His mother, acting as his litigation friend, brought a claim for damages on his behalf against the defendant. The defendant admitted negligence in relation to the claimant’s birth. On the assessment of damages, issues arose including: (i) whether the claimant was entitled to recover a sum in respect of the pension that, but for his injuries, he would have received during the “lost years” of his life beyond his actual life expectancy; and (ii) how any award for special accommodation needs was to be assessed.’

WLR Daily, 25th May 2017

Source: www.iclr.co.uk

Assessment of uninjured earning capacity in relation to a police injury pension – UK Police Law Blog

Posted June 1st, 2017 in disabled persons, news, pensions, personal injuries, police, remuneration by sally

‘The recent decision of the High Court upon an application for judicial review of a Police Medical Appeals Board (‘PMAB’) decision in the case of R (Fisher) v (1) Chief Constable of Northumbria (2) PMAB [2017] EWHC 455 (Admin) highlights the pitfalls in the assessment of a former officer’s uninjured earning capacity when reviewing the level of an injury pension under regulation 37 of the Police (Injury Benefit) Regulations 2006.’

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UK Police Law Blog, 31st May 2017

Source: ukpolicelawblog.com

‘Dramatic drop’ in reported pension scam cases, but losses increase – OUT-LAW.com

Posted May 24th, 2017 in consumer protection, fraud, London, news, pensions, police, statistics by sally

‘The number of suspected cases of pension fraud reported to the National Fraud Intelligence Bureau (NFIB) has dramatically decreased over the past two years, even as the value of individual cases has soared, according to figures from the City of London Police.’

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OUT-LAW.com, 23rd May 2017

Source: www.out-law.com

British Airways loses challenge against pensions payments – OUT-LAW.com

Posted May 23rd, 2017 in airlines, news, pensions, trusts by tracey

‘British Airways (BA) has lost a High Court case against a decision by pension scheme trustees to make discretionary payments to thousands of airline workers.’

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OUT-LAW.com, 22nd May 2017

Source: www.out-law.com

Solicitor and firm fined in first criminal prosecution by Pensions Regulator – Legal Futures

Posted April 7th, 2017 in fines, law firms, news, pensions, prosecutions, solicitors by tracey

‘A solicitor and the firm where he is a partner have been ordered to pay more than £16,000 in fines and costs for refusing to give documents to The Pensions Regulator (TPR) which were required as part of a wider investigation.’

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Legal Futures, 7th April 2017

Source: www.legalfutures.co.uk

BT reaches deal with Ofcom to legally separate Openreach – The Guardian

Posted March 10th, 2017 in competition, news, pensions, telecommunications, transfer of undertakings by sally

‘BT has finally reached an agreement with Ofcom to legally separate Openreach, which controls the UK’s broadband infrastructure.’

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The Guardian, 10th March 2017

Source: www.guardian.co.uk

Gay man in fight for equal pension rights for husband ‘confident’ of Supreme Court win – Daily Telegraph

‘A gay man fighting to win his husband the same pension rights a wife would enjoy in a heterosexual relationship described feeling “confident” as he began the final round of his legal battle.’

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Daily Telegraph, 8th March 2017

Source: www.telegraph.co.uk

Gay man takes fight for equal pension rights for his husband to Supreme Court – Daily Telegraph

‘A gay man fighting to win his husband the same pension rights a wife would enjoy if he was in a heterosexual relationship takes his case to the UK’s highest court.’

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Daily Telegraph, 8th March 2017

Source: www.telegraph.co.uk

Dominic Chappell to fight legal action forcing him to pay BHS pensions – The Guardian

Posted March 2nd, 2017 in company directors, enforcement, news, pensions by sally

‘Dominic Chappell, the last owner of BHS, has pledged to fight legal action by the Pensions Regulator designed to force him to pay millions of pounds into the failed retailer’s pension scheme, saying the black hole in the scheme was not his fault.’

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The Guardian, 1st March 2017

Source: www.guardian.co.uk

New government guidelines will end the practice of boomerang bosses – Home Office

Posted February 21st, 2017 in consultations, emergency services, employment, fire services, news, pensions, retirement by sally

‘New government guidelines will stop senior fire officers from being re-employed in the same or similar roles after they have retired.’

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Home Office, 21st February 2017

Source: www.gov.uk/home-office

Judges ready to jump ship over declining pay and conditions – Litigation Futures

Posted February 10th, 2017 in judiciary, news, pensions, remuneration, retirement, statistics by tracey

‘Research has shown widespread disaffection among the judiciary with working conditions, including findings that almost half of High Court judges would quit the bench early if possible.’

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Litigation Futures, 10th February 2017

Source: www.litigationfutures.com

Thank you, Lady Hale, for shifting the supreme court’s view on marriage – The Guardian

Posted February 9th, 2017 in appeals, cohabitation, married persons, news, pensions, women by sally

‘Protecting the financial rights of unmarried parents will matter not just to women but to the one in three children born to parents who aren’t married.’

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The Guardian, 8th February 2017

Source: www.guardian.co.uk

Unmarried woman wins pension battle – BBC News

‘A woman who lost her long-term partner has won a legal battle that is likely to improve the pension rights of unmarried couples in the public sector.’

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BBC News, 8th February 2017

Source: www.bbc.co.uk

Dishonouring a Spiv – 4 KBW

Posted January 27th, 2017 in news, peerages & dignities, pensions by sally

‘The calls for Sir Philip Green to have his knighthood removed have been made strongly by both the press and by MPs – with Dennis Skinner referring to him pithily as a ‘billionaire spiv’. The former BHS owner has been subjected to strong criticism following the difficulties now being faced with respect to the retailers’ pension provisions. Sir Philip Green is said to have profited at BHS and its workers’ expense.’

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4 KBW, 3rd January 2017

Source: www.4kbw.net

Former banker ordered to hand over foreign pension income to ex-wife in landmark divorce ruling – Daily Telegraph

Posted January 27th, 2017 in divorce, financial provision, news, pensions by sally

‘former banker who blew his fortune on spread-betting was yesterday ordered to hand over income from a foreign pension to his ex-wife, in what lawyers said was a landmark ruling stopping divorcing spouses concealing assets offshore.’

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Daily Telegraph, 25th January 2017

Source: www.telegraph.co.uk

The Law Commission Report: Enforcement of Family Financial Orders – Enforcement or Variation? – Family Law Week

‘Joseph Rainer, barrister, Queen Elizabeth Building, analyses the implications of the Law Commission’s report Enforcement of Family Financial Orders.’

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Family Law Week, 19th January 2017

Source: www.familylawweek.co.uk

Judicial pension scheme changes discriminated against younger judges, tribunal rules – OUT-LAW.com

Posted January 20th, 2017 in age discrimination, judiciary, news, pensions by sally

‘Changes to the judicial pension scheme (JPS) in 2015 discriminated against younger judges, an employment tribunal in London has ruled.’

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OUT-LAW.com, 19th January 2017

Source: www.out-law.com