BBC Pension Trust

Success in Court of Appeal in British Broadcasting Association v (1) BBC Pension Trust Limited (2) Christina Burns

The Court of Appeal has dismissed the BBC’s appeal and has held that the BBC fetter protects future service benefits. Andrew Spink KC and Saul Margo acted on behalf of the successful Representative Beneficiary. The Court of Appeal has handed down its judgment in British Broadcasting Association v (1) BBC Pension Trust Limited (2) Christina Burns. In upholding the decision of the High Court, this landmark decision is the second case (after Lloyds Bank Pension Trust Corporation v Lloyds Bank plc [1996] PLR 263) in which a domestic court has found that a fetter on a pension scheme’s amendment power protects future service benefits. The case was brought because the BBC wishes to limit the ongoing costs of funding the…

News 9 Jul, 2024