This is a report by the representative beneficiary for the Section 37 legal case involving the NTL Pension Plan:
Following the Appeal Court hearing on the 26th and 27th of June, the judge’s decision was disclosed on the 25th of July. It was unanimous that the Virgin Media appeal was turned down.
What happens now ?
Virgin Media could appeal again, this time to the Supreme Court, but I personally believe they will not take that option. The three parties in the case – Virgin Media, pension trustees, and my legal team – have until the 30th of September to decide that is the end of the matter.
If they do, the case is officially closed on the 14th of October. If there are any minor issues to be resolved, hopefully there can be agreement by the 30th of September. If there is no agreement, then there will be a further hearing, lasting half a day, to sort them out.
If you have any further questions, then please contact Caroline West at Virgin Media. (See recent letter to members for contact information.)
John Jardine
Representative Beneficiary
Update August 24: The Trustees have sent a letter to all Plan members with further information on the legal judgement and current position. This letter is also now visible on the Trustees’ website website https://www.mypension.com/ntlplan/ntl-pension-plan/