by Gail Higgins | Jun 27, 2014 | Uncategorized
The Pensions Act, dealing mainly with the introduction of the single-tier State Pension and the increase in State Pension Age to 67, was enacted on 14 May. We have updated our earlier commentary on the Bill, to reflect subsequent amendments. State Pension The Act...
by Gail Higgins | Jun 13, 2014 | Uncategorized
Following a consultation in the Winter, the Regulator has now published its final documents setting out how it will regulate scheme funding in the future, taking account of its new statutory objective “to minimise any adverse impact on the sustainable growth of...
by Gail Higgins | Jun 6, 2014 | Uncategorized
On 29 May the PPF published its consultation on the calculation of levies for the three years commencing with the 2015/16 year. This consultation focusses on the design of the levy framework – which affects the distribution of the levy between schemes. There...
by Gail Higgins | Apr 25, 2014 | Uncategorized
The Government has issued a consultation: “Better workplace pensions: further measures for savers” regarding its proposals for the further regulation of defined contribution (DC) occupational pension schemes. The most-widely reported proposal is a cap on...
by Gail Higgins | Mar 31, 2014 | Uncategorized
In his 2014 Budget the Chancellor, George Osborne, surprised us all with his announcement regarding much greater flexibility being offered to members of defined contribution (DC) pension schemes when they retire. The proposals are due to take effect from April 2015,...
by Gail Higgins | Feb 28, 2014 | Uncategorized
A company appealed against its Pension Protection Fund (PPF) levy on the grounds that the D&B failure score for a subsidiary company in Luxembourg was not accurate. The PPF Ombudsman agreed that the failure score was not accurate and ordered the PPF to recalculate...
