Law360: The government announced on 30 January 2025 that it is considering allowing the Pension Protection Fund (PPF) more flexibility over how it sets its levy, as it looks at further measures to boost economic growth.
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Pensions analysis: The High Court has approved the decision of Brass Trustees Ltd (the trustees) who were the trustees of the Biwater Retirement and Security Scheme (the Scheme), to issue petitions to wind up the Scheme’s sponsoring employers, Biwater Holdings Ltd (BHL) and Biwater International Ltd
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Micklefield clausesWhat is a Micklefield clause?It is common for employee share plans to provide that, on termination of employment (or when an employee is given or receives notice of termination of employment), subsisting share awards will be forfeited and subsisting share options will lapse.It is
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