News on Pensions February 2016

Published by Tyron Potts on

In this month's News on Pensions we look at:

Budget 2016

We examine the possible impact that the Chancellor's 2016 Budget could have on pensions, including a possible move to a single-rate of tax relief and conjecture surrounding a switch from exempt-exempt-taxed (EET) to a taxed-exempt-exempt (TEE) system.

2016/17 PPF levy

The Pension Protection Fund (PPF) has confirmed key deadlines for employers and trustees regarding their 2016/17 levy, and published guidance on contingent assets.

EIOPA

We look at the results of EIOPA's first stress test which considers the impact of market and longevity shocks on pensions schemes.

Our news in brief update also features:

  • auto-enrolment: technical changes to regulations 
  • the capping of early exit charges
  • HMRC newsletter