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A Practitioner’s Guide to Correcting Mistakes in Pension Schemes

By: Paul Newman
Media of A Practitioner’s Guide to Correcting Mistakes in Pension Schemes
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Published: 12-05-2022
Format: EPUB eBook (?)
Edition: 1st
Extent: 320
ISBN: 9781526522719
Imprint: Bloomsbury Professional
RRP: £103.50
Online price : £93.15
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About A Practitioner’s Guide to Correcting Mistakes in Pension Schemes

The discovery of mistakes in pension scheme documents is as common as it is potentially serious for the administration of the scheme and for the sponsoring employer. The large sums invested in pension schemes mean that such mistakes are often very costly indeed.

This book provides a practical guide to the different methods available to correct commonly-occurring mistakes in the governing provisions of pension schemes. It combines a detailed review of the law with (where relevant) practical tips, including step-by-step analysis of the appropriate practice and procedure involved in each method of correction.

With a significant body of case law enabling more authoritative answers to be given to the legal issues affecting the correction of pension scheme mistakes, and more and more mistakes being discovered because of the move to secure pension scheme liabilities with insurance companies, trustees and employers need swift and accurate legal advice on what they can do to correct such mistakes. This book provides them and their legal advisers with that advice ensuring they do not make the same costly mistakes that others have made.

Table Of Contents

Part 1: Types of mistakes

Chapter 1 A taxonomy of mistakes

Chapter 2 Particular mistakes

Part 2: Methods of correcting mistakes

Section A: correcting failures to comply with formalities

Chapter 3 Is there a mistake at all?

Chapter 4: Equitable techniques

Chapter 5 Contract and estoppel

Section B: correcting failures to comply with restrictions in amendment powers

Chapter 6 Amendment

Chapter 7 Saving part of the amendment

Chapter 8 Rectification

Chapter 9 Construction

Part 3: Procedure for correcting mistakes

Chapter 11 Pre-claim issues

Chapter 12: The litigation process

Chapter 13 Compromises

Part 4: other issues

Chapter 14 Mistaken benefit payments

Chapter 15 Tax

Chapter 16 Negligence

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