by Gail Higgins | Nov 15, 2013 | Uncategorized
Introduction The new régime of automatic enrolment (AE) is bringing many people who have not previously saved for a pension into the scope of workplace pensions. The OFT notes therefore that it is important to ensure that pension arrangements being used for AE, which...
by Gail Higgins | Oct 18, 2013 | Uncategorized
The Pensions Regulator has published new versions of Codes of Practice 5 and 6, which deal with reporting late payment of contributions to occupational pension schemes and personal pension schemes, respectively. We concentrate here on occupational schemes and the...
by Gail Higgins | Oct 4, 2013 | Uncategorized
The Board of the Pension Protection Fund (PPF) has confirmed its intention not to change the levy rules for 2014/15. This is in line with its policy (introduced for the 2012/13 levy) to set the levy rules for three years at a time in order to reduce volatility in...
by Gail Higgins | Sep 20, 2013 | Uncategorized
The Equality Act 2010 contains a dispensation for occupational pension schemes, which allows them to calculate dependants’ pensions for surviving civil partners based only on service since December 2005, plus an addition of 50% of the GMP accrued by the member...
by Gail Higgins | Sep 13, 2013 | Uncategorized
2014-15 levy The PPF has announced that the levy for 2014-15 will be calculated using the same rules as for 2013-14. This is expected to lead to an increase of about 10% in levy bills, because of lower Gilt yields being used in the valuation of schemes’...
