BEWARE THE PENSIONS UNDERTOW
In the pensions whirlpool we're all caught up in, shouldn't we at least be able to rely on the principle of 'no retrospectivity' in legislation - where new rules should apply from a future date of coming-into-force, and not be backdated?
In the following, which you can watch, listen or read, Aries Director Ian Neale explores an instance where the principle of retrospectivity is apparently breached by the courts.
It's a warning that there are always hidden risks in pensions. On the surface, all might be clear, but there could be an undertow to catch you out!