Benefact - April 2018

Published by Steve Hitchiner on

Our expert

  • Steve Hitchiner

    Steve Hitchiner

    Partner

  • News on pensions and other business risks in the Charities and Not-for-Profit sector

    In this issue of Benefact we discuss:

    DC Governance and Hybrid Trust Based Arrangements

    Should charities sponsoring these arrangements use this opportunity to review them to ensure they continue to be fit for purpose? Or should they consider whether alternative arrangements are better placed to meet the needs of their members?

    DB Pensions: Non- Associated Multi-Employer Schemes Debt Changes

    The government has issued a response to its earlier consultation on proposed changes to the employer debt regulations, to help employers that participate in non-associated multi-employer schemes. Has the government made any changes from the original consultation? Will the changes help?

    DB Pensions: General Data Protection Regulation

    GDPR will be replacing the Data Protection Act from 25 May 2018, with significant implications for those in the Charity and not-for-profit sector. What are main areas where pension scheme trustees should be taking action?

    Focus on TPT Retirement Solutions Growth Plan 

    The Growth Plan is a large multi-employer pension arrangement aimed at employers in the Charity and not-for-profit sector. What are the likely issues ahead of the outcome of the full valuation as at 30 September 2017?

    Our experience working with charity and not-for-profit organisations stretches back to the foundation of the firm in 1989, and we have a significant number of clients in this sector.

    This is indicative of the culture and values of Barnett Waddingham and our ability to provide a cost-effective service.

    Our expertise extends across a wide range of areas, including advice to organisations participating in multi-employer pension arrangements, such as those operated by the Pensions Trust, and advice to charities on the investment of charitable funds. This is in addition to our extensive capabilities in providing services to defined benefit (DB) and defined contribution (DC) pension arrangements operated by organisations in the sector.