PPF levy consultation 2018/21 update

The Pension Protection Fund (PPF) has issued feedback on its earlier consultation regarding the calculation of levies for the three years commencing with the 2018/19 year (see our earlier article at /news/pension-protection-fund-levy-consultation).  The response...

Same-sex survivors’ pensions – an update

The Equality Act 2010 contains a dispensation for occupational pension schemes, which allows them to calculate dependants’ pensions for surviving civil partners and same-sex spouses based only on service since December 2005, plus an addition of 50% of the GMP...

Increase in State Pension Age confirmed

We reported earlier this year on the review of State Pension Age (see /news/review-of-state-pension-age-(1)).  The Government delayed its response, because of the General Election, but has now confirmed its intention to adopt Mr Cridland’s recommendation that...

TPR 2017 Annual Funding Statment

The Pensions Regulator has issued its annual funding statement, setting out its expectations of valuations with effective dates between 22 September 2016 and 21 September 2017. Market conditions The Regulator notes that Gilt yields have remained very low and that...