by Gail Higgins | Apr 13, 2018 | Uncategorized
The Pensions Regulator has published its annual funding statement, providing guidance for those schemes whose actuarial valuation dates fall between 22 September 2017 and 21 September 2018. We set out below the key messages. Valuations TPR expects schemes having...
by Gail Higgins | Mar 23, 2018 | Uncategorized
Summary The Government has published its long-awaited White Paper on defined benefit pension schemes, building on the Green Paper published last Spring. It concludes that there is no systemic problem in the regulatory and legislative framework that governs schemes...
by Gail Higgins | Mar 2, 2018 | Uncategorized
Summary The Competition and Markets Authority (“CMA”) is carrying out a market investigation into investment consultants and has now issued its first working paper, covering fees and quality. Its initial conclusion is that competitive processes are not...
by Gail Higgins | Dec 15, 2017 | Uncategorized
Following HMRC’s recent review of its treatment of VAT on services provided to funded pension schemes, which led it to extend the transitional period during which its “old” approach remained valid, HMRC has now updated its internal guidance. In...
by Gail Higgins | Oct 13, 2017 | Uncategorized
The Pension Protection Fund (PPF) has issued feedback on its earlier consultation regarding the calculation of levies for the three years commencing with the 2018/19 year (see our earlier article at /news/pension-protection-fund-levy-consultation). The response...
by Gail Higgins | Aug 11, 2017 | Uncategorized
The Equality Act 2010 contains a dispensation for occupational pension schemes, which allows them to calculate dependants’ pensions for surviving civil partners and same-sex spouses based only on service since December 2005, plus an addition of 50% of the GMP...
