Part 3 of the Pensions Act 2004

Northumbrian Water Limited v Northumbrian Water Pension Trustees Limited & Anor

Northumbrian Water Limited (NWL) is the sponsoring employer of the Northumbrian Water Pension Scheme, which has been in significant deficit, funded at 81.5% as at the December 2022 valuation. Rules 4.9 and 4.10 of the WPS…