News on Pensions May 2016

Published by Tyron Potts on

Our expert

  • Tyron Potts

    Tyron Potts

    Associate and Head of Pensions Research

  • 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.