Punter Southall is pleased to announce the release of its latest Pensions Update, Court of Appeal provides equalisation comfort for pension schemes.
Court of Appeal provides equalisation comfort for pension schemes
On 8 July, the Court of Appeal gave its decision in the Foster Wheeler case, which has been widely heralded as a pragmatic judgment that should make it easier for schemes to deal with legacy equalisation issues.
Review of default retirement age
In a consultation paper entitled 'Building a Society for All Ages', the Government has announced that it intends to bring forward its review of the default retirement age from 2011 to 2010.
The Pensions Regulator issues another statement on funding
The Pensions Regulator (TPR) has issued its fourth statement relating to current economic conditions and its third relating to scheme funding. The statement "Scheme funding and the employer covenant - prudence, affordability, applying flexibility through the economic cycle" contains little that is entirely new, but repeats and strengthens a number of earlier messages from TPR.
Other recent developments
From the Finance Act 2009 to the CMI's prototype mortality projection model, we give a brief round-up of other key news stories from the last two months.
Ends
Penrose Financial
Clare Murphy-McGreevey
0207 786 4834
Trustee training - Pension scheme investment (September 2010)
