Issue Number 25, September 2008
Technical Bulletins
Our Technical Bulletin is a one-stop shop for busy pension trustees and employers, providing a round-up of the latest pensions news over the last two months.
More detailed information on all the latest developments can be found in our briefing notes.
Issue Number 24, July 2008
New amendments to the Pensions Bill 2007/08
Over the last few months, the Pensions Bill 2007/08 has been working its way through Parliament. This is the Bill that will put the flesh on the personal accounts regime (expected to come into force in 2012), as well as making a number of miscellaneous changes to pensions legislation. During its passage through Parliament, a number of Government amendments have been made to the Bill.Issue Number 23, May 2008
New powers for the Pensions Regulator
The last few weeks have seen some flexing of the muscles by the Pensions Regulator (TPR) and some proposed new powers that would allow for further flexing in the future. Last year, TPR intervened to appoint three independent trustees to the GEC 1972 Pension Plan to ensure the protection of members’ interests following the take-over of telent (the sponsoring employer) by Pensions Corporation. In April, Pensions Corporation reached an agreement with TPR that it would not seek to appoint its own employees as trustees to the pension scheme without the consent of TPR, and that it would not seek consent to any appointment for at least eighteen months.Issue Number 22, March 2008
The Pensions Regulator: Consultation, Consultation, Consultation
In the space of only 15 days, the Pensions Regulator (TPR) has published three major consultation papers - on longevity assumptions, conflicts of interest and winding up. It did at least have some help with the third of these as the consultation was issued jointly with the Department for Work and Pensions (DWP) and the Pension Protection Fund (PPF).Issue Number 21, January 2008
Myths & realities of pension scheme de-risking (Guildford)