Pensions Compass
PENSIONS COMPASS – DECEMBER 2023
News
PART 1 – THE GHOST OF CHRISTMAS PAST – PENSION SCHEME SURPUS MAKES A RETURN
The last time there were significant surpluses in UK occupational pension schemes was in the 1990s. These are now back in vogue following the boost to the funding levels of… Read more →
News
PART 2 – GOOD TIDINGS? UNWRAPPING THE AUTUMN STATEMENT
On 22 November 2023, the Chancellor delivered his Autumn Statement, which provided key developments to the Mansion House Reforms that were announced on 10th July – click here for our… Read more →
News
Part 3 – REPLACING THE LIFETIME ALLOWANCE: PLAIN SAILING OR STORMY WATERS?
The Government has confirmed that the Lifetime Allowance regime is to be replaced by a new regime from 6 April 2024. In our view this breakneck timescale carries significant risks.… Read more →
News
PART 4 – OVERPAYMENT DISPUTES BEFORE THE PENSIONS OMBUDSMAN (TPO)
In the ever-evolving landscape surrounding pension scheme overpayments, two recent decisions have shed light on crucial questions, bringing clarity to the intricate web of regulations and disputes surrounding overpayments. This… Read more →
News
Part 5 – Pensions Ready Reckoner Dec 2023
PARLIAMENT Effective Date Effect Bills (and Acts not yet in force) GMP Conversion – Conversion of GMPs Act (Royal Assent 28/4/2022) Not yet in force Will facilitate converting GMPs once… Read more →