PPF Saves 43k Pensions In first year of operation, Pension Protection Fund says it has had 98 applications for assistance, has saved pensions for 43k people 08.11.06 BBC, Pensions
DWP Threatens Pensioners Govt is threatening to pursue pensioners with unlimited legal fees if they go ahead with judicial review of Parliamentary Ombudsman decision, lost pensions through company insolvencies 07.07.06 Times, Insolvency, Pensions
MPs Query Govt Refusal to Make Up Pensions Commons committee has accused pensions minister Hutton of risking constitutional crisis in refusing to heed ruling of parliamentary ombudsman on pension short-falls, Abraham says govt's 'inaccurate' information on case of 85k pensioners is maladministration 29.06.06 Guardian, Pensions
MPs Query Govt Refusal to Make Up Pensions Commons committee has accused pensions minister Hutton of risking constitutional crisis in refusing to heed ruling of parliamentary ombudsman on pension short-falls, Abraham says govt's 'inaccurate' information on case of 85k pensioners is maladministration 29.06.06 Guardian, Pensions
Extension of Pension Assistance Govt has announced details of a funding review with the aim of giving further help to people who lost money when their pension schemes wound up under-funded, to be led by Andrew Young, Directing Actuary of the Government Actuary's Department, review will be advised by panel of leading experts 24.04.07 DWP Press Release, Financial Services, Insolvency, Pensions
Review of FAS Asset Management DWP secretary John Hutton yesterday announced a review of pension scheme assets held by insolvent employers, review will examine best use of assets in pension schemes winding up under-funded with insolvent sponsor, determine if these funds could be used to assist affected members 29.03.07 DWP Press Release, Insolvency, Pension Regulator, Pensions
Pension Act Update This is the fourth update in our series on regulations and codes of practice issued under the Pensions Act 2004. Provisions have been included to comply with the European Pensions Directive 22.09.05 Law Now, Pension Links
Pensions Act A summary of some recent Pensions Act 2004 related developments, including member-nominated trustees and modification of rights, plus details of impending changes on civil partners and age discrimination 09.08.05 Law Now, Age Discrimination Links, Pension Links
Pensions Act Update Since the enactment of the Pensions Act 2004 in November last year, there has been a steady stream of regulations, draft regulations and codes of practice and this is likely to continue over the next 12 months 16.03.05 Law Now, Pension Regulator, Pensions
Pensions Act Update I Since the enactment of the Pensions Act 2004 in November last year, there has been a steady stream of regulations, draft regulations and codes of practice and this is likely to continue over the next 12 months 16.03.05 Law Now, Pension Regulator, Pensions, Corporate Governance
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Court Backs Pensioners Mr Justice Bean says pension minister John Hutton had no power to reject report of ombudsman Ann Abraham, case of four pensioners whose penison schemes collapsed when sponsoring companies became insolvent, prior to pension protection fund, ruling could affect on 85k pensioners 22.02.07 BBC, Employment Law, Pensions
Insolvency Betrays Pensioners Govt had encouraged workers to save through occupational pension schemes, assured that they would be paid in cases of insolvency, application for judicial review of govt decision to reject compensation, affects 125k private sector workers 08.02.07 Daily Mail, Insolvency, Pensions
ECJ Rules Against ASW Pensioners ECJ has ruled that under 1980 EC Insolvency Directive, state does not have absolute duty to guarantee pension benefits in cases of insolvency, decision in Robins, Burnett v DWP, pensioners in Allied Steel & Wire (ASW), differs from that of Advocate General, who ruled for complete protection 26.01.07 Times, Law Now, Corporate Governance, Insolvency, Pension Regulator, Pensions
ECJ to Rule on Pension Compensation Court will rule today on Allied Steel & Wire (ASW), 1k workers lost pensions following insolvency, refused state compensation as occured prior to Pension Protection Fund, decision will open floodgates for further claims 25.01.07 Telegraph, Company Law, Insolvency, Pensions
ECJ Rejects Compensation for ASW Pensioners The Advocate General has ruled in ASW case, concludes that under the 1980 EC Insolvency Directive, the UK government should have taken steps to ensure benefits under final salary pension schemes were protected against insolvency, breach not sufficiently serious to give rise to claims for compensation 13.07.06 Law Now, Basic Materials, Insolvency, Pension Regulator, Pensions
Pension Bankruptcy Pension trustees at Armstrong Group, an otherwise healthy business, reject management plan for pension deficit to access superior funds available after bankruptcy through Financial Assistance Scheme 15.03.06 Telegraph, Insolvency, Pensions