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Henry Day

| Call 2011

Profile: Pensions

Experience and Expertise

Recent work as sole counsel includes acting on behalf of a respondent to a complaint before the Pensions Ombudsman, advising and representing the administrator and trustee of a SIPP in respect of an application by a discretionary beneficiary for pre-action disclosure of scheme documentation, and advising on the recoverability of funds transferred to a company in administration from the company pension scheme.

In 2015 Henry completed a secondment to Eversheds’ Financial Services Disputes and Investigations department in London, working primarily with the pensions litigation team and assisting with cases concerning (inter alia) rectification of pension scheme documents, pension liberation and statutory pension transfer rights.

In 2013 Henry was seconded to the Financial Conduct Authority for nine months, during which time he advised on a range of pensions matters, including pension liberation, scheme charge capping and the introduction of independent governance committees for contract-based schemes.

As a pupil Henry attended the hearing of Danks v QinetiQ Holdings Limited [2012] EWHC 570 (Ch), in which Keith Rowley QC and Elizabeth Ovey acted successfully for the defendant employer and it was held that substitution by a pension scheme’s trustees of CPI for RPI as the basis for increasing pensions in payment and revaluing deferred pensions did not adversely affect scheme members’ subsisting rights and so was not potentially voidable under the Pensions Act 1995 s.67-67I.

Henry is a member of the Association of Pension Lawyers.

 

Publications

‘Liability arising from unauthorised payments under FA 2004’: interview for LexisPSL Pensions (March 2017) on the Upper Tribunal’s decision in Commissioners for HM Revenue & Customs v Sippchoice Ltd [2017] UKUT 87 (TCC), considering when a pension scheme administrator is liable to a scheme sanction charge under section 239 of the Finance Act 2004.

The great RPI v CPI debate – clarity at last?‘: interview for LexisPSL Pensions (November 2016) on the Court of Appeal’s decision in Barnardo’s & Ors v Buckinghamshire & Ors [2016] EWCA Civ 1064 as to the meaning of the defined term “Retail Prices Index” in the Rules of the Barnardo’s Staff Pension Scheme and the effect of section 67 of the Pensions Act 1995.

‘Auto-enrolment – guidance on when travelling workers are considered based in Great Britain’: interview for LexisPSL Pensions (January 2016) on the decision in R (on the application of Fleet Maritime Services (Bermuda) Ltd) v Pensions Regulator [2015] EWHC 3744 (Admin) and the territorial scope of the Pensions Act 2008.

‘Setting things straight on rectification proceedings’: interview for LexisPSL Pensions (December 2015) on the decision in Re BCA Pension Plan [2015] EWHC 3492 (Ch) and use of the section 48 procedure under the Administration of Justice Act 1985 as a potential alternative to construction or rectification proceedings.

 

Seminars

Barnardo’s v Buckinghamshire: indexation, revaluation and RPI v CPI’, Freshfields Bruckhaus Deringer LLP (February 2017)

Re BCA Pension Plan and s.48 Administration of Justice Act 1985′, Radcliffe Junior Practitioner Programme (March 2016)

‘Expert Evidence in Pensions Disputes’, Radcliffe Junior Practitioner Programme, with  Wendy Mathers (November 2015)

 

Henry Day