Our Pensions team produces regular updates and information
sheets to keep our clients up-to-date with changes in pensions law.
Click on the links below for more information:
- Equalisation - how does
the Foster Wheeler case help pension schemes? July 2009
The long awaited decision of the Court of Appeal in the Foster
Wheeler equalisation case has finally arrived - and it contained
something nobody had predicted or expected. The question remains,
however - what does it mean for other schemes, and has it addressed
some of the key questions that still remain unresolved more than 19
years after the original Barber v GRE judgment?
- Equalisation:
the explosion of the ticking time bomb Apr
2009
Judgment in Foster Wheeler Limited v Hanley and Others
given on 28 November 2008 could be the final nail in the coffin for
a number of UK defined benefit pension schemes. The effect is that
some schemes are, or potentially are, more 'equal' than others. The
additional liabilities created will add millions to pension
deficits which are already crippling employers sponsoring defined
benefit schemes.
