News on Pensions May 2016
Welcome to this month's News on Pensions, in this issue we discuss:
Consultations: creating a secondary annuity market
We review the three consultations published by HM Revenue & Customs, HM Treasury and the FCA setting out further detail ahead of the start of a secondary market for pension annuities – originally announced in the 2015.
Latest from TPR
We round-up the latest news from TPR, including:
- DC Code: ‘how to’ guides
- Revised DC scheme returns
- Corporate Plan 2016 – 2019
EIOPA: common framework balance sheet
We take a look at the results from the European Insurance and Occupational Pensions Authority's (EIOPA) quantitative assessment, reviewing how a ’holistic balance sheet’ approach might be used in practice.
Our news in brief update also features:
- HMRC guidance: LTA protections
- HMRC bulletins: the end of contracting out
- Threefold increase in DB to DC transfer quotations
To find out more, you can download the full briefing note below.