State pensions are the largest item in the UK social security budget, costing £96.7 billion in 2017/18. In the same year, 45.6 million people were members of UK occupational pension schemes (out of a total population of 66.4 million) and the total amount saved into workplace schemes in 2018 was £90.4 billion. A consequence of the pensions sector’s large size has been that pensions law and social security law have become increasingly specialised areas of practice. Yet despite their social and economic importance and the fascinating legal issues they generate, pensions have not been the subject of sustained academic attention. This book starts to fill this gap by initiating a dialogue between practitioners and scholars working on pensions law and policy, groups who have much to learn from one another.
This title is included in Bloomsbury Professional's Pensions Law online service.
1. Trusts as Pension Pots: A Legal-Historical Perspective, c 1800–1925 Sinéad Agnew 2. UK Collective Defined Contribution: Is it ‘Dutch-Style’ Collective Defined Contribution? Sandeep Maudgil and Hans Van Meerten 3. The Employer Covenant: Status in Law and Operation in Practice Paul Brice 4. Interpretation of Pension Trusts: Applying the General Rules? David Pollard 5. Rectification and Pensions Paul S Davies 6. The Pension Fund as a ‘Virtual’ Institution M Scott Donald 7. Legal Consequences of the Flawed Exercise of Scheme Powers Jessica Hudson and Charles Mitchell 8. Expertise in Pension Trusteeship Deborah Mabbett 9. Pension Scheme Decision-Making Influencers Charles Cameron 10. The Social Role of Occupational Pension Schemes James Kolaczkowski 11. Public Law Perspectives on the IBM Case Philip Sales 12. Pensions Law, IBM v Dalgleish and the Public/Private Divide Alan Bogg and Mark Freedland 13. The Improper Purpose Rule: An Employer’s Tool to Control Pension Trustees in Need of Reappraisal Dan Schaffer 14. Pensions and the Modern Workforce Alysia Blackham 15. The Courts, Non-Discrimination and Systemic Change in UK Public Sector Pension Schemes Lydia Seymour 16. Cutting Pension Rights for Public Workers in the United States: Don’t Look to the Courts for Help Ronald H Rosenberg 17. Till Pensions Do Us Part: The Pension Advisory Group and the Search for Consensus on Divorce Hilary Woodward and Rhys Taylor 18. ‘Pension Freedoms’, Social Care and Inheritance Brian Sloan
Sinéad Agnew is Lecturer in Property Law, Paul S Davies is Professor of Commercial Law and Charles Mitchell is Professor of Law, all at University College London.
Reviews for Pensions: Law, Policy and Practice
A fascinating read ... the book's main strengths are in bringing together a diverse range of academics, legal practitioners and legal scholars to provide an enlightening and thought-provoking collection of chapters discussing pensions policy, law and practice. Drawing on a range of policy and practice examples, it provides a detailed account of complex debates and legal considerations in relation to pensions, showing the challenges of competing demands on the various roles and responsibilities of different parties and interest groups in the field. It is a well written and informative text. -- Liam Foster, University of Sheffield * Journal of Social Security Law *