S4 Ep4: How are we seeing trustees respond to the recent Virgin Media case?
Update: 2024-01-08
Description
In our first episode of 2024 Helen Cracknell is joined by Luke Parry-Billings, a trainee solicitor in our pensions team to discuss how trustees could respond to the recent Virgin Media Ltd v NTL Pension Trustees II case.
The High Court considered the question of whether amendments made to rights to the payment of pensions and accrued rights to pensions in a contracted-out Scheme would be invalid in the absence of actuarial confirmation. This raises the question - What should trustees do next?
In this episode Helen and Luke cover:
The High Court considered the question of whether amendments made to rights to the payment of pensions and accrued rights to pensions in a contracted-out Scheme would be invalid in the absence of actuarial confirmation. This raises the question - What should trustees do next?
In this episode Helen and Luke cover:
- A summary of the Virgin Media Ltd v NTL Pension Trustees II case and its upcoming appeal;
- The questions that our clients are asking us in relation to the case; and
- The different ways we are seeing trustees respond to the case.
The episode is 14 minutes long.
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