by Gail Higgins | Aug 29, 2014 | Uncategorized
The Government has published the Draft Taxation of Pensions Bill, which will implement the flexibilities announced in the 2014 Budget and introduce anti-avoidance measures. If an individual does not wish to buy an annuity with his money purchase pension savings he...
by Gail Higgins | Aug 1, 2014 | Uncategorized
The Marriage (Same Sex Couples) Act 2013 required that the Government undertake a review of survivor benefits in occupational pension schemes, considering the differences in survivor benefits between widows and widowers and between opposite-sex survivors and same-sex...
by Gail Higgins | Jul 25, 2014 | Uncategorized
Following the Budget announcements that no members of defined contribution (DC) pension schemes would have to buy an annuity in future – and that, indeed, they could take the whole of their savings in one cash sum at retirement – the Government issued a...
by Gail Higgins | Jul 11, 2014 | Uncategorized
The Government has published the Pension Schemes Bill, which will permit the introduction of Collective Defined Contribution schemes. Defining Ambition The Bill starts by defining three types of scheme: defined benefit (“DB”) defined contribution...
by Gail Higgins | Jun 27, 2014 | Uncategorized
The Pensions Act, dealing mainly with the introduction of the single-tier State Pension and the increase in State Pension Age to 67, was enacted on 14 May. We have updated our earlier commentary on the Bill, to reflect subsequent amendments. State Pension The Act...
