by Gail Higgins | Nov 6, 2015 | Uncategorized
The Pensions Regulator has updated its guidance for trustees on assessing the employer covenant. This is not a short document – running to 66 pages; however, the last 13 pages are relevant only to not-for-profit organisations and multi-employer schemes for...
by Gail Higgins | Oct 23, 2015 | Uncategorized
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...
by Gail Higgins | Sep 11, 2015 | Uncategorized
With effect from 1 October 2015 defined contribution schemes will no longer have the ability to pay a refund of contributions to a member who leaves the scheme within two years, unless he has less than 30 days’ membership. Background Since 1988 members of...
by Gail Higgins | Jul 24, 2015 | Uncategorized
The International Accounting Standards Board (IASB) is proposing changes to IAS 19 and IFRIC 14 – the international accounting standards that govern the way in which companies account for their defined benefit pension scheme and other post-retirement benefits....
by Gail Higgins | Jul 10, 2015 | Uncategorized
As heralded widely in the run-up to the General Election, in the Summer Budget, delivered on 8 July, George Osborne confirmed the introduction of a transferable £175,000 Inheritance Tax allowance for a family home, on top of the existing threshold. This is to be paid...
