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ARTICLE · 05 JANUARY 2018

What To Expect From Pensions In 2018

Gowling WLG
Gowling WLG
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What is on your agenda for the coming year? Whether it is compliance with the new data protection regime, grappling with the detail on CPI / RPI or thinking about the bigger picture ...

United KingdomEmployment and HR
Ian Chapman-Curry
Ian Chapman-Curry
Jason Coates
Jason Coates
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What is on your agenda for the coming year? Whether it is compliance with the new data protection regime, grappling with the detail on CPI / RPI or thinking about the bigger picture on Brexit, 2018 looks set to be both busy and challenging. To keep you ahead of the conversation, Gowling WLG's pensions team brings you eight things that should be on your radar for the next 12 months.

Eight things to watch out for in 2018

1. Business coherence - a phrase for 2018?

In 2016, the High Court considered the concept of 'business coherence' in the case of Shannan v Viavi Solutions UK Ltd. This was the first time that this concept (i.e. whether a deed had 'business coherence' as drafted or whether other terms needed to be implied in order to achieve 'business coherence') had been considered by the courts in a pensions case. Will 2018 see the courts adopt a more pragmatic approach to fixing the drafting glitches and execution oversights that cause such problems in pensions?

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