Insurance
Insurance Act 2015: the issues the market is grappling with
Claims against actuaries and employee benefit consultants can give rise to complex issues, where problems have lain undiscovered for years.
Our professional lines team work closely with pensions teams work to provide joined up [coverage and claims] advice and we are able to combine technical excellence with deep-rooted knowledge of the pensions industry.
Our experience of pensions related professional negligence claims includes issues such as:
- Barber equalisation
- Converting defined benefit schemes to defined contribution
- Data protection breaches
- Incomplete schedule of contributions
- Pension Protection Fund risk based levy
- Application of preservation legislation
- Rectification of trust deeds and rules