Key Points: • Effective date for the Strategy Requirements remains uncertain – may be October 2023• Will probably apply only for Valuations with “as at” dates on or after October 2023;• Covenant strength and measuring explicitly legislated for; and• TPR’s Fast
More about New requirements for db schemes funding and investment strategiesMistakes do happen. Unfortunately in the context of the long-standing and intricate nature of pension scheme documentation, mistakes can be costly. In the case of Viavi Solutions UK Ltd v Viavi Solutions Pension Trustee UK Ltd, the High Court allowed
More about Pension scheme rectification: Improve your chances of correcting mistakesICC Judge Barber’s judgment in the case of Purkiss v Kennedy & ors (Re Ethos Solutions Ltd) [2022] EWHC 3098 (Ch) deals with a complex and late application for joinder and to re-amend proceedings. It was handed down following a
More about Purkiss v Kennedy & Ors (re Ethos Solutions Ltd)With 2023 now in full swing, the Pensions Regulator (TPR) intends to publish its long-awaited Single Code of Practice (the Code). It has been some time since TPR first published a draft version of the Code as part of its
More about TPR’s single code of practice – Worth the wait?A round-up of legal updates for the Wills and probate industry over the past two months are as follows. Tax Policy – Finance Act 2023 On 10 January 2023, the Finance (No 2) Bill 2022 received Royal Assent and became
More about Wills and Probate Monthly Update – February 2023Partner Edward Starling discusses shareholder and partner disputes in the accountancy sector and the limited number outcomes available when they are escalated, published in The Accountant. Whether an accountancy practice is dealing with its own internal issues or where accountants
More about The accountant: Shareholder and Partner disputes – How did it come to this?Quarterly In Advance is published by Wedlake Bell’s Real Estate Team for our clients and contacts in the property world. Please click the image below to read the full issue. Contents
More about QIA – Winter 2023With less than three months to go until the government’s next deadline in its energy efficiency agenda, landlords need to take action now to either comply or register a valid exemption. The MEES Regulations require a minimum energy efficiency standard
More about Common ‘mee’stakes – What you need to know