Censeo and HamishWilson

We are delighted to announce that Censeo has teamed up with HamishWilson Limited – a similarly-sized firm we have known and respected for a considerable time.  Having been working towards the merger for some time now, completing the deal during the Covid-19...

Spring Budget 2020

The Chancellor, Rishi Sunak, delivered his first Budget on 11 March.  Understandably, the main focus was on assistance to companies and to individuals in the light of the Covid-19 pandemic.  However, there were a few measures related to pensions that featured in the...

HMRC guidance on GMP equalisation

Her Majesty’s Revenue & Customs (“HMRC”) has published its long-awaited guidance regarding the tax treatment of additional benefits granted to pension scheme members when schemes equalise for the effect of unequal (between men and women) Guaranteed Minimum...

PPF consultation on insolvency risk

Introduction The 2020/21 year is the last year of the current triennium, during which the PPF aims to keep the calculation of the levy it charges defined benefit schemes stable.  Ahead of the next triennium it has appointed Dun & Bradstreet as its insolvency risk...