There are new regulations coming into force on 6 April 2015 (subject to Parliamentary approval), which will cover the responsibilities of the chair of trustees who, from the same date, will be required to be appointed by the trustees of all pension schemes which provide money purchase benefits (subject to a three month transitional period).Read article
From 6 April 2015 all providers running workplace personal pension schemes (“WPPs”) will be required to have an Independent Governance Committee (“IGC”). Providers with smaller schemes will be required to establish a Governance Advisory Arrangement (“GAA”), which will have the same role as an IGC, but operated by a third party which is independent of the provider.
London Irish are excited to announce the signing of Matt Symons from the New Zealand Super Rugby Club the Waikato based Chiefs.
Recognised as “Outstanding Performers” at 2014’s Thames Valley Deals Awards in the Law Firm of the Year category, Pitmans is once again shortlisted for the 2015 Awards; this time in both the Law Firm of the Year category (sponsored by Grant Thornton) and Lawyer of the Year (sponsored by Taylor Made).
Mediation (a negotiation managed by a neutral mediator) has been with us for many years but, perhaps surprisingly, many more disputes are resolved through the courts than through mediation not withstanding its clear benefits: speed and low cost.
On 2nd February 2015, the ICO published its decision to fine online holiday insurance company Staysure £175,000, after the company’s IT security failings let hackers access over 100,000 customers’ personal data, leading to more than 5,000 cases of credit card fraud. The ICO found that Staysure had no policy in place to maintain its IT security systems and had therefore breached the seventh principle of good information handling, stated in Schedule 5 of the Data Protection Act 1998 (DPA), namely that “appropriate technical and organisational measures shall be taken against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data”.
It is widely publicised that London and the South East are the entrepreneurial power houses of Britain, providing a significant proportion of the 581,000 start-up businesses launched in 2014. The rapid rise in the number of start-up businesses in recent years demonstrates the opportunities open to all of us in converting a dream into reality, taking a concept to market and launching a brand of tomorrow.
Pitmans and Metro Bank hosted a fun-filled and action-packed evening of horse racing on Thursday 5 March and were thrilled to raise a total of £2,300 for Alexander Devine Children’s Hospice Service. Running and supporting events like this not only raises money but also helps to raise further awareness of the charity.
IP & IT analysis: When can comprehensive intellectual property rights enjoyed over a certain work be tantamount to a right to delivery up of it? Phil Smith, partner at Pitmans LLP, considers the decision in FilmFlex Movies Ltd and says such rights can look virtually indistinguishable from absolute ownership.
Every business will be concerned to enhance and preserve its reputation, both online, and offline. To that end, it has become common practice to rely on reviews and references from satisfied customers. But what should a business do if someone posts a fake review, the effect of which is to damage not only its reputation, but its chance of securing future business?
The High Court gave judgment on Friday, 6th March 2015, in a claim by the Bussey Law Firm PC of Colorado Springs, Colorado, and its principal Timothy Bussey, over a defamatory fake review posted online via the Google Maps service. The Judge (Sir David Eady, sitting as a Judge of the High Court) said the untrue review was “calculated to cause serious harm to the Claimants and, in particular, to Mr Bussey’s personal reputation and to his legal practice”.
Facebook, Twitter, Uber, the list of tech businesses that have been hugely successful goes on and on. But how many have failed in their venture to be the next big thing?
Last year the Information Commissioner’s Office (ICO) received more than 175,000 complaints from the targets of electronic marketing. A Which? survey also reported that 4 out of 5 people surveyed regularly received cold calls and a third of these people felt intimidated as a result. Of course these reports probably represent a tiny fraction of the number of unwanted unsolicited communications that are actually made, so it will be interesting to see how much of an impact the forthcoming changes, brought by the Privacy and Electronic Communications (EC Directive) (Amendment) Regulations 2015 - SI 2015/355 (the 2015 Regulations), are going to have.