Judges to take legal action over pensions - papers 7th Nov

clock

JUDGES ARE considering unprecedented legal action against the government in a row over changes to their pension rights, reports The Times .

A working group of senior judges has instructed leading counsel to advise on the legal options, including suing the Lord Chancellor, Lord Falconer of Thoroton, QC. The move opens up the intriguing question of which judge would hear a case brought by the judiciary against the Lord Chancellor, says the paper. One solution would be for the case to be heard by a judge unaffected by the row over pensions. But last night Andrew Tyrie, a Conservative member of the Commons Constitutional Affairs committee, gave a warning against potential legal action. Tyrie says: “If it is the case that parts o...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •