We pride ourselves on addressing the issues raised in any pensions dispute in their overall context. The issues involved in litigation concerning occupational pension scheme cannot be separated from the other crucial aspects of the scheme itself including funding, investment decisions and relations with members/employees which need careful and sensitive handling.
Particularly against the backdrop of market volatility and increasing financial pressures on scheme sponsors and trustees alike, embarking on pensions litigation can rarely now be treated as a stand alone exercise for those involved. The impact of the issues in question may not only threaten the viability of the scheme but the sponsoring employers as well.
Our recent experience includes resolving issues concerning the interpretation of scheme rules, the scope and exercise of powers of amendment, trustees' duties in relation to the exercise of their powers, employers' duty of good faith and apportionment of deficit repair contributions in multi-employer schemes.
We represented the trustees in one of the leading cases on estoppel in the pensions context and have recently acted in what has been described by the press as "one of the most important cases ever for final salary schemes."