Blog - 02/02/2015
Restructuring & Insolvency
Personal pension uncertainty for recent and new insolvency cases
The latest statistics published on 29 January by the Insolvency Service (Q4 2014), serve as a timely reminder of the importance of the pension question now before the Court of Appeal in Horton v Henry .
According to the most recent 2013 demographic analysis produced by the Insolvency Service, the total number of new cases in that year relating to insolvents of, or above, pensionable age was in the order of 45,700. The decision in Horton v Henry will be of keen interest to this particular group, and to the group that followed in 2014, whose personal pensions may be at risk. Perhaps this is why the appeal in Horton v Henry has been given an early hearing window, opening in May 2015.
For further information regarding this topic, please contact Simeon Gilchrist or Sophia Mew. Alternatively, please contact us on t: 020 7691 4000 | e: firstname.lastname@example.org
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