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Pension scheme deficits increased further by latest High Court decision?
The High Court's latest ruling on the increasingly complex issue of pensions equalisation in Foster Wheeler Limited v. Hanley and Ors (2008) may increase funding liabilities for pension schemes by effectively overriding any consent requirement in early retirement rules and denying schemes the ability to pay split pension benefits retrospectively. The decision, which favour...
Case | 12 Dec 2008
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Sweeping changes
...eptember 16 December 3. fast-track Block 1: 13 Sept 17 Sept Block 2: 27 Sept 1 Oct 4. distance learning Study when you want Auto-enrolment to be reviewed The Coalition Government has pledged to take a `long hard look' at auto-enrolment and its delivery before the scheme is rolled out. The Pensions Minister said the Government was committed to the principle of automatically enrolling people, but added, "There are many millions of people who have company pension schemes but do not have any private savings". 28296 79% of European managers concerned about work-related stress Concern about psyc...
Magazine issue | 1 Jul 2010
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Grinding to a halt: Why Government policy risks bringing business to a standstill
... of the leading health and safety, FM and HR stories ... Matthew Powell-Howard, Accreditation Manager at NEBOSH, on achieving exam success. Page 22 Badge of distinction Green credentials What new civil sanctions for environmental breaches could mean for employers. Page 27 CPd Essential guide to pension changes. Page 34 group workplace law health and safety workplace law human resources Contents In this issue ... Latest 05 EDITORIAL The unkindest cut. workplace law environmental IOSh ACCREDITED TRAINING FROM WORkPLACE LAW IOSH Managing Safely Certificate Choose from one of three study modes...
Magazine issue | 4 Jan 2011
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Cultivating success: how to cut costs and stimulate growth
... part-privatise that much-loved, as well as much-criticised, national institution, the Royal Mail. The bill, which has been introduced by Business Secretary, Lord Mandelson, will allow for up to 49% of Royal Mail to be sold to a private company, but will at the same time bail out the organisation's pension fund, which has been running an eye-watering £5.9bn deficit, as well as strengthen the company from growing competition from other postal operators. Whatever the political ins and outs of that bill, it has reopened public debate over the Royal Mail and its role and future as both a public service ...
Magazine issue | 1 Jun 2009
