by Gail Higgins | Dec 7, 2023 | Uncategorized
HMRC has published a policy paper setting out further details of the post-abolition régime. In addition, the draft Finance Bill 2023-24 was published on 29 November 2023, the provisions of which are intended to remove the LTA completely from legislation. The Bill...
by Gail Higgins | Nov 30, 2023 | Uncategorized
Following a dearth of pensions-related developments in the King’s Speech, we were treated to rather more of interest in the Chancellor’s Autumn Statement. Pensions-related news included the following. Defined benefit (DB) surpluses There are, currently, limited...
by Gail Higgins | Nov 10, 2023 | Uncategorized
In mixed news for the defined benefit pensions consolidation market: Clara Pensions (the only consolidator yet to be authorised by the Pensions Regulator) has announced its first deal – with the £590 million Sears Retail Scheme, while Edmund Truell’s Pension Superfund...
by Gail Higgins | Oct 13, 2023 | Uncategorized
After 31 December 2023, retained EU law – including case law – will cease to have effect in domestic law unless restated explicitly. One area affected is that of equality. Draft regulations have been laid before Parliament which set out equality provisions applying...
by Gail Higgins | Oct 6, 2023 | Uncategorized
After 31 December 2023, retained EU law – including case law – will cease to have effect in domestic law unless restated explicitly. This affects the Pension Protection Fund (PPF) because the rules governing the compensation that it pays have been amended in recent...
