The latest longevity figures from the Office of National Statistics (ONS) show that a 4% improvement in the mortality rate in England and Wales resulted in 20,000 fewer deaths last year than would have otherwise been expected.
Trustee - Pension Scheme
The Supreme Court has ruled that a nomination requirement relating to the payment of a survivor’s pension under a public sector pension scheme discriminated against cohabiting unmarried couples and should be disapplied.
Trustees have on occasion relied on the “Hastings Bass” rule to unwind decisions that subsequently transpire to have unintended consequences. The scope to do so has been narrowed by the recent Supreme Court judgments in the jointly heard cases of Futter and another v HMRC and Pitt and another v HMRC.
The European Commission has announced that it is dropping its plans for a new funding regime for pension schemes.
Nick Clegg announces a new government idea to allow parents to use their pensions to help children onto the property ladder.
