On 12 July 2017, the Supreme Court unanimously ruled that civil partners and spouses in same-sex marriages should have the same pension rights and entitlements as people in heterosexual marriages. We discuss this in further detail.
Scott Eason explores the most challenging aspect of the KIDs for PRIIPS document for smaller insurers with with-profits funds.
As the UK enters a period of significant change, Finance Directors and Pension Managers need a dynamic DB pension strategy that will be resilient in the face of changes in markets, whilst remaining cost effective over the longer term.
Stop Press! Chancellor Phillip Hammond announced that the MPAA would be reduced from £10,000 to £4,000. The Government has confirmed that it will push forward with the legislation.
As a result of tax advantage erosion, funds held within these types of trusts are now taxed in line with general trust rates.
Our latest Current Issues in Pensions Financial Reporting newsletter details the key financial assumptions required for determining pension liabilities under the FRS102 (UK non-listed), IAS19 (EU listed) and ASC715 (US listed).
Today, Barnett Waddingham launches a creative agency, DrumRoll, to change the way employers communicate and engage with their workforce.
To support continued business growth, we are proud to announce the promotion of six of our associates to partners and 12 of our staff to associates.
Barnett Waddingham is delighted to have been named Third-party Administrator of the year at the 2017 Pension and Investment Provider Awards (PIPA).
The largest occupational pension schemes are an integral part of the UK economy. These schemes invest substantial amounts of capital in the wider economy and are responsible for the retirement wellbeing of a large proportion of the population.
Our annual survey of FTSE100 pension disclosures shows deficit levels have not improved as anticipated. Despite significant contributions made by scheme sponsors and a decrease of £15bn in the deficit last year, the overall remained at around £20bn.
This survey looks at constituent companies of the Scandinavian OMX Share Index that have UK subsidiary companies that participate in DB pension schemes and covers 18 companies with an aggregate of around £5.9bn of UK pension liabilities between them.
The FCA has added physical gold Bullion to its list of ‘standard assets', and is the only physical commodity allowed in a SIPP or SSAS. This case study shows how an investor can end up with commodities other than gold Bullion in a self-invested pension.
Without warning, new Government Actuary’s Department tables for capped drawdown suddenly appeared from HM Revenue & Customs (HMRC) on 18 January 2017. This case study reviews what impact changes to the GAD tables might have on 65 year old Donald.
Employer loan-backs are the unique feature of a SSAS. As the following case study serves to illustrate, SSAS loan-backs continue to offer an alternative source of finance for businesses, and an attractive investment for the SSAS member trustees.
Following the publication of the Pensions Regulator research into “how UK employers are meeting their auto enrolment duties following the completion of their declaration of compliance”, Rob Thomas, Associate at Barnett Waddingham, shares his thoughts.
The Financial Times have reported the new pensions Minister, David Gauke, has conceded that without a clear Commons majority he did not see “a particular consensus emerging” for an overhaul of retirement savings incentives.
The Pensions Regulator (TPR), has today published new data which shows that trustees of pension schemes who fail in their basic duties can expect to receive a penalty from TPR. Sara Cook, Associate at Barnett Waddingham, shares her opinion on the warning.