by Gail Higgins | Jun 12, 2015 | Uncategorized
The Pensions Regulator has issued its annual funding statement, setting out its expectations of valuations with effective dates between 22 September 2014 and 21 September 2015. Managing risk The Regulator expects trustees to understand their scheme’s sensitivity...
by Gail Higgins | Apr 2, 2015 | Uncategorized
The Finance Bill received Royal Assent on 26 March. This Act includes details of the changes to the distribution and taxation of defined contribution benefits on the death of a member. However, the reduction in the Lifetime Allowance to £1 million, that George...
by Gail Higgins | Mar 13, 2015 | Uncategorized
In the case of the Trustee of the Singer & Friedlander Ltd Pension and Assurance Scheme v Corbett, the High Court has ruled that trustees may assign a section 75 debt to another party. Background The Singer & Friedlander Scheme was a defined benefit (DB)...
by Gail Higgins | Feb 20, 2015 | Uncategorized
The Pensions Ombudsman has published three determinations in relation to pension liberation, together with accompanying guidance. The cases all concerned members who had been denied a transfer from a personal pension arrangement to schemes that were said to be...
by Gail Higgins | Jan 30, 2015 | Uncategorized
Following a consultation last year, the Government has proposed the following figures, relating to automatic enrolment obligations, for the 2015/16 tax year: £10,000 for the automatic enrolment earnings trigger, unchanged from 2014/15, £5,824 for the lower limit of...
