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Ireland's Pensions Law Blog

Tag Archives: contribution demand

Implications of Brexit for Irish Occupational Pension Schemes

Posted in Administration, Corporate Transactions, Funding, Investment, Legislation, Liability management, Scheme Restructuring, Tax, Trusteeship

It is not clear that there will be any immediate significant legal implications for Irish occupational pension schemes of the UK exiting the EU. However, the effect on the investment market and the continued uncertainty around Brexit is likely to have more immediate and significant consequences for Irish defined benefit schemes and their sponsoring employers…. Continue Reading

The Omega Pharma case – Trustee and Employer Guidance

Posted in Case Law, Disputes, Funding, Legislation, Liability management, Scheme Restructuring, Trusteeship

What is the Omega Pharma case? The Omega Pharma case has confirmed that the scheme’s governing documentation and not the Pensions Act minimum funding standard determine the employer’s liability to contribute to defined benefit schemes on wind-up. On 25 July 2014, Mr Justice Moriarty in the Commercial Court handed down judgment in the case of… Continue Reading