Pensions Compass
PENSIONS COMPASS – May 2023
News
Part 1 – Budget March 2023 – rabbits out of a hat (lifetime allowance and other pension changes)
Lifetime Allowance (“LTA”) Changes In the March 2021 Budget (2 years ago), Rishi Sunak (as Chancellor back then), announced that the LTA would be frozen at the level of £1,073,100… Read more →
News
Part 2 – Missing Regulations etc. – Where are they?
(1) Notifiable Events Amendment Regulations DWP consulted on the draft Regulations long ago in September 2021. There was much adverse comment. It seems revised Regulations are being worked on to… Read more →
News
Part 3 – Climate change in the spotlight: Latest updates on the pensions green agenda
With the onset of Spring, the environmental social and governance (“ESG“) landscape for pension scheme sponsors and trustees continues to change. In this update, we have provided a brief roundup… Read more →
News
Part 4 – Pension scams: Deputy Pensions Ombudsman flexes his muscles
The Deputy Pensions Ombudsman has dismissed a complaint by a member of a self-invested personal pension concerning the administrator’s decision not to transfer his pension to a small self-administered scheme… Read more →
News
May 2023 – Pensions Ready Reckoner
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 →