Freshfields on Corporate Pensions Law 2014

Freshfields on Corporate Pensions Law equips readers with a comprehensive and detailed exposition of corporate pension rights and obligation in the UK.

Current to the start of 2014, this book provides coverage of up-to-date legislation and case law including the proposals in the Pensions Bill 2014 on contracting-out and the Pensions Regulator’s statutory objectives, the Olympic Airlinescase on PPF eligibility and the Supreme Court decision in the Nortel case on priority of moral hazard claims against a company in insolvency.

Written in a clear and user-friendly way, Freshfields on Corporate Pensions Law 2014 looks at occupational pensions from the perspective of the employer. As such it provides “bite-sized” analysis of legal topics in over 100 separate and accessible sections. These have been gathered together by the expert pensions team from leading international law firm Freshfields Bruckhaus Deringer LLP.

Expert Guidance for Trustees
As with previous editions, Freshfields on Corporate Pensions Law 2014 includes helpful sections on member-nominated trustees (MNTs), the advantage and disadvantages of a separate trustee company and Trustee companies and Carbon Reduction Commitment (CRC). It also includes helpful information on what directors of pension corporate trustees need to know about duties and indemnities in the Companies Act 2006 and how to pay trustees under pension schemes.

The new sections in this edition include:

• Money Purchase Pension Schemes: Comparison of Trust Based (OPS) with Contract Based (PP)
• Pensions Bill 2014: a new statutory objective for the Pensions Regulator
• European proposals to reform the regulation of pension schemes
• Reservoir Trusts and Charged Accounts
• Things you may not know about trustee liability
• Trustee directors: liabilities, indemnities and exonerations
• The end of contracting-out in April 2016
• Asset backed funding structures
• Section 75: grace periods
• Section 75 and relevant transfer deduction
• The Kodak restructuring
• Pensions issues on paying dividends
• Olympic Airlines: problems with PPF entry for companies in insolvency outside the UK
• Moral hazard powers are a provable debt: Nortel/Lehman
• Commutation and member options: trustee duties and the role of the actuary

This annual title is essential reading for finance directors, treasurers, HR departments, pension managers, in-house counsel and trustees.