Chris Sharpe

1 month ago | lexology.com | Charles Cameron |Daniel Schaffer |Chris Sharpe |Karen Mumgaard |Catrin Young |Patricia Critchley | +1 more

VIRGIN MEDIA DISCLOSURES IN ACCOUNTSAs the industry continues to grapple with the ramifications of the decision in Virgin Media in relation to the validity of amendments to formerly contracted-out schemes, guidance has been issued for auditors in relation to how to address potential issues in sponsor accounts. Read more Between 6 April 1997 and 6 April 2016, schemes could contract members out of the second tier of the state pension on a “reference scheme test” basis.

Sep 26, 2024 | lexology.com | Chris Sharpe

Welcome to the latest edition of Pensions Essentials. Whilst we are still awaiting the Government’s Pension Schemes Bill, the big news item this month is Monday’s publication of the Regulator’s interim response to the statement of strategy consultation alongside four illustrative templates to help trustees and sponsors prepare for the information that will need to be provided.

Jul 25, 2024 | lexology.com | Charles Cameron |Daniel Schaffer |Chris Sharpe |Patricia Critchley |Karen Mumgaard |Catrin Young

The Court of Appeal has decided in Virgin Media Limited v NTL Pensions Trustees II Limited that where amendments were made to contracted-out DB rights between 6 April 1997 and 6 April 2013 and did not comply with the requirement to obtain actuarial confirmation that the scheme would continue to satisfy the contracting-out test, such amendments may be void irrespective of whether they related to past or future service or improved benefits.

Apr 19, 2024 | uscreen.tv | Chris Sharpe

Increasing membership prices isn’t hard, but the fear of doing it is really big. The mindset shift to convince yourself that your business deserves this and the process behind rolling out a price increase is where it gets tricky. Things like handling member objections, planning a price launch strategy, and driving growth post-price increase are the most time-consuming.

Mar 7, 2024 | mondaq.com | Maria Starko |Chris Sharpe

On February 22nd, the Provincial Government released its 2024 budget (the "Budget"). The measures outlined in the Budget include measures intended to speed up the construction of new homes, increase the supply of middle-income housing, and fight speculation in the real estate marketplace. While many questions remain, the following is a brief summary of the real estate and tax implications from the Budget.