Quarterly Briefing


Contents

The September, 2007 Quarterly Briefing (PDF, 262 KB) highlights significant developments in pensions law, covering key areas such as pensions reform, regulatory developments, new legislation and cases.

Reviews and Reports

  • Deregulatory Review
  • Financial Assistance Scheme review of scheme assets
  • Law Commission report on co-habitation

Responses to consultation

  • Personal Accounts

Consultation

  • Employer debt
  • Cross-border schemes
  • Pensions transfer values

Actuarial Profession

  • Board of Actuarial Standard’s levy for 2007/08
  • Interpretation of IAS19

HM Revenue & Customs

  • E-filing

Pension Protection Fund

  • Updated management plan
  • Launch of new initiative on protecting people’s pensions
  • 7800 Index
  • Development of the pension protection levy

The Pensions Regulator

  • First use of anti-avoidance powers
  • Review of code of practice on reporting breaches of the law
  • Governance survey published

Miscellaneous

  • Annual Report of the Pensions Advisory Service (TPAS)
  • Pensions Ombudsman’s Annual Report published

Legislation update

  • Pensions Act 2007
  • Finance Act 2007
  • Companies Act 2006
  • The Pension Schemes (Categories of Country and Requirements for Overseas Pension Schemes and Recognised Overseas Pension Schemes) (Amendment) Regulations 2007

Cases

  • Cripps v Trustee Solutions Ltd & Dubery
  • JP Morgan Fleming Claverhouse Investment Trust plc (Claverhouse) v HMRC

Other news

  • New Secretary of State for Work and Pensions