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Pensions Lectures 2019 #4

Wednesday 26 June 2019 (1.0 CPD)
6.30pm - 7.30pm followed by drinks

58VE, 58 Victoria Embankment, Temple, London EC4Y 0DS

Wilberforce Chambers invites you to our latest series of lectures by pension law practitioners on current topics of particular interest to pensions lawyers. Wilberforce has a well-established reputation in the field of pensions law, due in large part to the late Edward Nugee QC, to whose memory these lectures are dedicated. Each lecture will take place on the top floor of 58VE on Victoria Embankment and will be followed by drinks with spectacular views over London and the Thames.

Lecture 4

Time limits for underpaid DB benefits
Robert Ham QC, Simon Atkinson and Daniel Scott

This lecture will look at the time limits for claims on DB benefits under trust based occupational pension schemes following the decision of Morgan J in the Lloyds Bank GMP litigation. How does the Limitation Act apply? The talk will:

  • Consider the elements of Morgan J’s judgment in the Lloyds case that relate to forfeiture and limitation against the context of forfeiture in trusts law more generally to see if the law has taken a wrong turn, and where it might be heading.
  • Give practical advice on what to look out for in schemes.
  • Discuss discretionary forfeiture clauses and how to advise trustees on the exercise of their discretion.
  • Consider the problems encountering when seeking to amend schemes to introduce forfeiture clauses in an attempt to retrofit them.

The full programme can be downloaded here. To register your interest or if you have any queries, please email seminars@wilberforce.co.uk.