Undoubtedly the Government’s aims are bold: to slant schemes’ investments in ways the Government perceive to be in the interests of the UK economy, improving the lot of members by hopefully enhancing investment returns, and releasing – so the Government hopes
More about Pension Schemes Bill due to be laid in parliament on 5th June 2025 – Giant STEP forward?Background In 2005, Janus Henderson, the asset management group (formerly the Henderson Group) established an employee benefit trust to benefit employees and their families, and an employer-financed retirement benefit scheme in 2011 (established in anticipation of legislative changes), to benefit
More about Part 2 – High court decision – IHT mistake allowed for trust rescissionBackground Mr Roy Thomas (the “Appellant“) applied for a cohabiting partner’s pension and a lump-sum death grant from the Southwark Pension Fund (the “Respondent“) following the death of his partner, Ms. Claudette Coke, on 11 March 2021. The Appellant and
More about Part 1 – Cohabitation and financial interdependence – A lesson from the high court