Jurisdiction(s):
United Kingdom

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Key definition

Rules definition

What does Rules mean? Rules describes the written provisions that govern how a pension scheme operates—especially occupational pension schemes—usually contained in, or annexed to, the trust deed (trust deed and rules). Legislation refers to these as scheme rules (for example, Pensions Act 1995 and Pensions Act 2004 in the UK, and the Pensions Act 1990 in Ireland). Scheme rules set out eligibility, benefit structure (defined benefit or defined contribution), contributions, service and accrual, retirement options and ages, revaluation/indexation, ill‑health and death benefits, transfers in and out, leaver provisions, forfeiture, augmentation, priority on winding‑up, discretions and decision‑making, and the scheme’s amendment and termination powers. They also...

ARIAS (UK) Rules 2014: tribunal composition and appointments, umpire role, declarations of interest and objections (s24 AA 1996), and fees and deposits (default English seat)

Published by a LexisNexis Arbitration expert

Practice notes

This Practice Note outlines the process for appointing arbitrators under the 3rd edition of the ARIAS (UK) rules, adopted in 2014 (the ARIAS Rules). For an overview of ARIAS, see Practice Note: Arbitration under the ARIAS (UK) Rules 2014...

requirements under ARIAS Rules

In an ARIAS arbitration, the parties may decide how many arbitrators will sit on the tribunal and what qualifications they must possess (ARIAS, rule 6.1). If, in whole or in part, the parties fail to agree on the tribunal’s composition, the default provisions in the ARIAS Rules apply, which in their basic structure mirror the appointment process in the ARIAS arbitration clause. The rules provide that, unless the parties agree otherwise:

the tribunal will comprise three arbitrators...

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Ralph Morley

7KBW

Ralph has a broad practice across all areas of commercial law, including insurance and reinsurance, international arbitration, Admiralty and shipping, commercial disputes and professional negligence. In the insurance sector, Ralph has developed particular experience in property damage (including marine and non-marine risks) and business interruption policies, Bermuda Form mass tort liability insurance and political risk, acting for both policyholders and insurers. Ralph is ranked by the legal directories in insurance, commercial dispute resolution, shipping and professional negligence....

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