All scheme rules articles – Page 3
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News
Stamp dealer takes adviser to task over admin issues
Stamp trader Stanley Gibbons sought redress from a former adviser after issues were raised concerning the company’s scheme rules, a move that has cost the scheme £1.7m in legal fees.
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News
Is your scheme safe from latent liabilities?
Any Other Business: In February 2002, the US secretary of defence Donald Rumsfeld gave his now-famous response to a question about the lack of evidence linking the Iraqi government to the supply of weapons of mass destruction.
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Opinion
Communicating difficult benefit changes: a scheme guide
Communicating difficult messages on benefit changes is not easy. The likelihood is that some or all staff are going to suffer some consequence – with the potential knock-on impact of negative feedback, disengagement, loss of productivity or retention issues.
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Opinion
Exploring the impact of the new money purchase definition
Sackers’ Zoë Murphy looks at which schemes may be affected by the definition change and what they might need to do from April – including paying the Pension Protection Fund levy, actuarial valuations and assessing underpins.
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Opinion
How to set up an investment subcommittee
One of the key responsibilities for trustees of both defined benefit and defined contribution pension schemes is the investment of pension scheme assets.
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News
How your scheme could benefit from the Arcadia CPI judgment
Employers have been encouraged to assess whether they can switch from the retail prices index to the consumer price index to reduce their liabilities, after a High Court ruling last week.
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Opinion
Conflict is good: what your trustee board could learn from Amazon
Any other business: Encouraging and making the most of conflict and disagreement is one of the key drivers of innovation at one of the world’s most high profile companies.
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Features
BT suspends flexible retirement options during review
BT has suspended its flexible retirement option while it reviews the conditions under which it will consent to BT Pension Scheme members taking early payment of their pension while continuing to work at the communications company.
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News
Civil partner rule uncertainty poses questions for trustees
Schemes may want to consider holding off adjusting their spousal benefits, after a tribunal overturned a previous ruling that deemed entitlements should take into account membership pre-dating the Civil Partnership Act 2004.
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Opinion
BA scheme inserts murder exemption into rules
The New Airways Pension Scheme has made an amendment to its scheme rules to be able to deny benefit to a member’s spouse or dependant who is guilty of that member’s murder.
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News
Industry to meet ministers over impact of UK split
News analysis: Industry figures will meet with ministers next month to flesh out how a split UK pensions system could work in the event of a yes vote for Scottish independence.
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Features
What to learn from the Supreme Court hybrid ruling
Mayer Brown's Edward Jewitt explains how schemes can manage their regulatory risk following the Supreme Court ruling on hybrid defined contribution schemes.
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