In this issue of Benefact, we discuss our latest 'Generation Why?' survey, PPF levy consultations and Non-Associated Multi-Employer Schemes for DB pensions, TPT Retirement Solutions Growth Plan Series 3 and GDPR.
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).
It has been a steady start for the UK bulk annuity insurers in the first part of 2017. For schemes considering a partial transaction, pensioner pricing continues to look attractive relative to gilt yields.