Pensions

Virgin Media – legislative remedy (pensions)

On 1 September, the Government published a series of amendments to the Pension Schemes Bill 2025 (Bill). These amendments include new clauses implementing the Government’s promised remedy following the Court of Appeal decision in Virgin Media Ltd v NTL Pension Trustees. The remedy will enable trustees to obtain retrospective actuarial confirmation that historic changes to contracted-out […]

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Government to address pension industry concerns following landmark judgment

On 5 June 2025, the prayers of many in the pensions industry were answered when the DWP announced that the Government will introduce legislation to address issues arising from the Virgin Media v NTL Pension Trustees judgment. Background The DWP acknowledged the industry uncertainty emanating from the July 2024 Court of Appeal judgment, which upheld a High

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