TPR has recently increased its focus on the endgame of UK DB pension schemes. This blog explores how companies paying higher dividends than deficit contributions should expect more of a challenge on this from their trustees and The Pensions Regulator.
Transferring from a DB scheme is a major decision for members and there are many factors that should be taken into account. Simon Taylor offers advice to these members to understand their transfer options.
From Barnardo’s and BT to Superfunds via GMP – Head of Pensions Research, Tyron Potts, maps out an ‘A - Z’ of everything you may have missed in world of pensions this winter.
The PPF has released its 2019/20 PPF levy consultation, setting out its plans for calculating the levy to be invoiced in autumn 2019.
The headline news is that the PPF is expecting to collect a total levy that is 10% lower than last year, reflecting the PPF’s strong financial position. So, what changes will there be and what do we need to do? The blog explores more.
Regulated apportionment arrangements are becoming more common as stressed employers look to cut ties with their pension scheme. We look at the settlement agreed with the Pensions Regulator for Hoover Limited.
The Pension Protection Fund (PPF) has released a consultation setting out its proposals for the 2018/19-2020/21 levy triennium. Overall the PPF’s proposals are intended to result in a fairer distribution of the PPF levy between pension schemes.
Barnett Waddingham highlights some actions that can still be taken to manage the size of your Pension Protection Fund levy before the 31 March 2017 data deadline, including one or two new methods introduced by the PPF.
The PPF’s latest Purple Book reveals a fall in PPF-compliant contingent assets, driven by the PPF’s more robust approach to certification. Alternative approaches to reducing risk include security over assets and cash contributions.
The PPF is proposing a transitional adjustment where companies would otherwise see an increase in their levy solely as a result of the move to the FRS102 accounting standard. We explain this, and other proposed changes to the PPF levy rules.