by Gail Higgins | Mar 29, 2019 | Uncategorized
Summary The Pensions Regulator has published its annual funding statement, providing guidance for those schemes whose actuarial valuation dates fall between 22 September 2018 and 21 September 2019, although it should be of interest to other schemes as well. This...
by Gail Higgins | Mar 22, 2019 | Uncategorized
The Competition & Markets Authority (“CMA”) published its final report on its market investigation into investment consultancy in December. The Government has now responded. Pure investment consultancy The CMA’s final report confirms that this market is not...
by Gail Higgins | Jan 25, 2019 | Uncategorized
Summary The Department for Work and Pensions (DWP) has been consulting on a legislative framework for the consolidation of defined benefit pension schemes into superfunds, in order to provide adequate protection for members being transferred into such schemes. Many of...
by Gail Higgins | Jan 18, 2019 | Uncategorized
Summary The Government has published its response following the consultation on amendments to trustees’ duties in relation to pension scheme investment, as well as new regulations that introduce new requirements in relation to Statements of Investment Principles....
by Gail Higgins | Jan 11, 2019 | Uncategorized
In the case of Commissioners of HMRC v Parry & Others, the Court has decided that a charge to Inheritance Tax (IHT) arose in relation to a transfer from a defined benefit scheme to a defined contribution arrangement within two years of the member’s death....
by Gail Higgins | Dec 14, 2018 | Uncategorized
The High Court has issued a further judgment in the Lloyds Bank case, concerning “method D” (an actuarial value test rather than a year-by-year benefit test), used for converting GMPs into non-GMP pension. This confirms that: for pensions in payment, payments to date...
