by Gail Higgins | Mar 18, 2016 | Uncategorized
Despite what we had been led to believe by last summer’s consultation and by the announcement in the Autumn Statement, the Chancellor resisted the temptation to make further changes to the pensions taxation regime in the Budget. LISAs He did, however, introduce...
by Gail Higgins | Feb 5, 2016 | Uncategorized
The Department for Work and Pensions (DWP) has responded to the consultation issued early last year. It plans to implement a secondary market for annuity holders to sell their annuity to a third party, with effect from 6 April 2017. The DWP acknowledges in the paper...
by Gail Higgins | Jan 8, 2016 | Uncategorized
The Pensions Regulator’s Code of Practice 3, on funding defined benefit pension schemes, stresses the importance of having an integrated approach to setting investment and funding strategies, taking account of the strength of the sponsoring employer’s...
by Gail Higgins | Dec 18, 2015 | Uncategorized
Introduction Since the Pensions Regulator (TPR) published its code of practice 13: Trust-based Defined Contribution (DC) Schemes in 2013, the legislative landscape has changed drastically, with: individuals now having much more flexibility around how they may take...
by Gail Higgins | Nov 20, 2015 | Uncategorized
The Government issued a consultation during the summer, seeking the views of pension specialists regarding potential barriers to individuals taking advantage of the new pension freedoms and on the circumstances in which individuals should take financial advice. At...
by Gail Higgins | Nov 6, 2015 | Uncategorized
The Pensions Regulator has updated its guidance for trustees on assessing the employer covenant. This is not a short document – running to 66 pages; however, the last 13 pages are relevant only to not-for-profit organisations and multi-employer schemes for...
