Pensions Compass
PENSIONS COMPASS – February 2022
News
PART 1 – Normal Minimum Pension Age (NMPA) is changing – is your scheme ready?
The Finance (No. 2) Bill (the Bill) is currently going through Parliament. The Bill proposes (as currently drafted) to increase the NMPA from age 55 to 57 from 6 April… Read more →
News
PART 2 – WHAT CAN AN EMPLOYER DO WHERE TPR HAS FOUND IT IN BREACH OF THE AUTOMATIC ENROLMENT LEGISLATION FOR FAILING TO PAY CONTRIBUTIONS – THE REVIEW AND APPEAL PROCESS
Any employer who employs eligible jobholders, even just one, has duties under the automatic enrolment legislation (AE Obligations). These can be split into two elements: the initial AE Obligations at… Read more →
News
PART 3 – Recovery of pension overpayments
Pension overpayments are a fact of life. Mistakes happen, erroneous scheme records are often left unchecked, benefits are transferred-out and members’ personal circumstances change. These factors and more can lead… Read more →
News
PART 4 – Old Deeds/New Employer
A brief visit to the High Court decision in Mitchells & Butlers Pension Plan, 12 November 2021 What happens when a new Principal Employer (PE) finds the scheme rules in… Read more →
News
Part 5 – Pensions Ready Reckoner
Clive Weber, Consultant, Pensions & Employee Benefits Team. Please contact Clive with any queries on this Ready Reckoner. PARLIAMENT Recent Legislation Effective Date Effect Pension Schemes Act 2021 (Royal Assent… Read more →