Pensions Act 2014
Introduction The Pensions Act 2014 (“the Act”) received Royal Assent on 14 May 2014. While its main purpose is to implement the new single tier State pension, it also contains several key measures for occupational pension...
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Introduction The Pensions Act 2014 (“the Act”) received Royal Assent on 14 May 2014. While its main purpose is to implement the new single tier State pension, it also contains several key measures for occupational pension...
Introduction Certain changes are being introduced with effect from 27 March 2014 to give greater flexibility for both DB and DC members now ahead of more radical changes from April 2015. The 2015 changes to the rules on the use of...
Background The DWP consultation on reshaping workplace pensions for future generationsseeks views on the Government’s proposals for alternatives to the traditional DB and DC models of pension provision, in the form of “defined...
Background The DWP’s consultation on the draft Regulations that provide transitional, supplementary and consequential measures supporting the commencement of section 29 of the Pensions Act 2011 seeks views on the Government’s...
Introduction On 7 November 2013, the DWP unveiled its plans for “Reshaping workplace pensions for future generations”. The consultation, which follows the DWP’s November 2012 paper on Reinvigorating workplace pensions (see...
Introduction The DWP has published its response to the consultation on the disclosure requirements for occupational and personal pension schemes. In this Alert: Key points Background Response to consultation Principles based...
Introduction With the LTA set to reduce to £1.25 million in 2014, the Government has published proposals for new protections aimed at giving individuals who have built up pension savings based on the current LTA “greater...
