http://www.pensionlawyerblog.com Thu, 19 Aug 2010 07:46:35 +0000 http://backend.userland.com/rss092 en Just a short one this week in that I was interviewed by Lexis/Nexis the legal database, for commentary on St Vince of Cable's plan to simplify legislation by ensuring a One In One Out approach. Here's a link to the article. Call me an old cynic if you like but ... http://www.pensionlawyerblog.com/pensions-legislation I have recently been instructed by a trustee client to assist them in the merger of two pension schemes of the same employer. Great news of course especially for my bank balance, but it immediately started me thinking about possible conflicts of interest. Stay with me here and I'll explain ... http://www.pensionlawyerblog.com/pension-conflict A few thoughts on tPR this week and it's decision to reject the Recovery Plan put forward by Uniq and the scheme Trustees. The proposal in and of itself was not really that remarkable. But clearly tPR saw something in it that they didn't like - probably the 3 year ... http://www.pensionlawyerblog.com/pensions-uniq-tpr This week some interesting developments on the pension front and in particular the issue of a Consultation document by the Treasury on Compulsory Annuitisation by age 75. As many readers will know, the Government has already announced plans to scrap the Default Retirement Age requirements and so the need to ... http://www.pensionlawyerblog.com/pension-annuity A slight departure today from the usual pension stuff to do a bit of unashamed advertising for an extremely funny book!! Anyone who might have been avid followers of Baby Barista in the Times before it hid behind its paywall, may be interested to know that advance copies of "Law and ... http://www.pensionlawyerblog.com/baby-barista One of the most amusing stories that has arisen in the past week (although it has a serious purpose) is the proposal that Diageo, the drinks conglomerate has come up with to try and solve its Final Salary Scheme funding deficit. As readers may know, when an actuarial valuation reveals ... http://www.pensionlawyerblog.com/pension-deficit-payment Well, I really don't know where to start this week. Retirement ages to go up to 66 from 2016 - an accelerated rate but perhaps not before time. Default retirement age is to go - this was well trailed and was a neccesity if State Pension Ages are rising. But ... http://www.pensionlawyerblog.com/pensions-budget Although it is really something of a statement of the bleedin' obvious, PwC have recently issued a report which after extensive (and no doubt extremely expensive) research has concluded that Final Salary Pension Schemes will have ceased to exist within 10 years. This is not exactly ground breaking news to ... http://www.pensionlawyerblog.com/pension-closure Best news story of the week has to be Mohammed Fayed's rant at the Harrods Pension Scheme Trustees for not allowing him to 'raid' the scheme of his company dividend before paying up for the deficit as the law requires. The full report in the Evening Standard is simply hilarious. ... http://www.pensionlawyerblog.com/pensions-life-expectancy This weeks' items - another massive bailout (potentially) and a oopsie by a pension industry 'good guy' First, the Coalition Government has announced it's intention to sell off part of the Royal Mail. So far so predictable. The kicker in this particular tale is that the Royal Mail is currently sitting ... http://www.pensionlawyerblog.com/pensions-sell-off