by Gail Higgins | Oct 24, 2014 | Uncategorized
Following its consultation earlier this year on the calculation of levies for the three years commencing with the 2015/16 year, the PPF has now published its response to the consultation, including further detail on the quantum of next year’s levy. The earlier...
by Gail Higgins | Sep 19, 2014 | Uncategorized
Introduction FRS 102 becomes applicable for accounting periods starting on or after 1 January 2015. It (together with FRSs 100, 101 and 103) replaces all other existing FRSs and so will be the standard that covers how entities account for the cost of their pension...
by Gail Higgins | Aug 29, 2014 | Uncategorized
The Government has published the Draft Taxation of Pensions Bill, which will implement the flexibilities announced in the 2014 Budget and introduce anti-avoidance measures. If an individual does not wish to buy an annuity with his money purchase pension savings he...
by Gail Higgins | Aug 1, 2014 | Uncategorized
The Marriage (Same Sex Couples) Act 2013 required that the Government undertake a review of survivor benefits in occupational pension schemes, considering the differences in survivor benefits between widows and widowers and between opposite-sex survivors and same-sex...
by Gail Higgins | Jul 25, 2014 | Uncategorized
Following the Budget announcements that no members of defined contribution (DC) pension schemes would have to buy an annuity in future – and that, indeed, they could take the whole of their savings in one cash sum at retirement – the Government issued a...
by Gail Higgins | Jul 11, 2014 | Uncategorized
The Government has published the Pension Schemes Bill, which will permit the introduction of Collective Defined Contribution schemes. Defining Ambition The Bill starts by defining three types of scheme: defined benefit (“DB”) defined contribution...
