Sentences with phrase «occupational pension scheme»

Right now, I am keen to work for a company that can offer me an occupational pension scheme, generous annual leave and excellent training and development opportunities.

If immediately before the transfer there is an occupational pension scheme, the new employer is obliged to provide pension benefits to those transferring employees who are:

Members of a wound - up company's occupational pension scheme who have the right to retire at age 60 in respect of any part of their service and who were aged between 60 and 64 at the date that the scheme commenced winding up, fall within s 73 (3)(b) of the Pensions Act 1995 (PA 1995) but not in respect of pension or other benefits accrued by service to which a normal retiring age of 65 applies.

Section 73 of PA 1995 required the assets of a salary related occupational pension scheme which was being wound up to be applied in satisfying the liabilities of the scheme in respect of pensions and other benefits, including increases in pensions, in a particular order by reference to categories of liabilities specified in s 73 (3).

Advising Cobham PLC on the # 280 million bulk annuity contract with Rothesay Life for its main UK occupational pension scheme.

Establishment of a new defined benefit occupational pension scheme for the UK wing of a multi-national business.

Lithgows Pension Scheme [2011] CSIH 6 Right of trustees of an occupational pension scheme regarding publication if information as part of Pension Protection Funds Levy system

Pension scheme trustees are also interested, given the most common example of a pensions scam is the opportunity to transfer pension savings from an HMRC registered occupational pension scheme to another registered arrangement.

If a healthy 54 - year - old client comes to see to you to discuss an opportunity regarding his pension benefits in an occupational pension scheme, it is wise to gather as much information as possible regarding the opportunity, as well as any paperwork available.

There is a minimum award (# 6,203 from 6 April 2018) in exceptional cases — where the reason or principal reason for dismissal is trade union membership or activities; activities as a health and safety representative; duties as an occupational pension scheme trustee; functions or activities as an employee representative or candidate; or working time grounds.

Broadly speaking, a master trust for the purposes of the new regime is an occupational pension scheme that is used, or intended to be used, by two or more unconnected employers (subject to exceptions for public sector schemes).

For instance, in relation to pension rights where employees who are members of an occupational pension scheme are transferred from seller to buyer on a business transfer.

A SSAS is an occupational pension scheme and are suitable for directors of private companies; they are most commonly used for private family businesses

The Ombudsman held that a former sponsoring employer unjustifiably stopped a member's monthly pension payments which it had been funding itself, following the winding up of the occupational pension scheme, until the employer was acquired by a new owner in 2013.

In broad terms, a master trust is an occupational pension scheme which provides money purchase benefits and is used by two or more unconnected employers.

The Stephenson Harwood pensions podcasts provide an overview of key legal developments relating to occupational pension scheme and how they impact scheme members, trustees and sponsors.

The Stephenson Harwood pensions podcasts provide an overview of key legal developments relating to occupational pension scheme and how they impact scheme members, trus..

He'd paid additional voluntary contributions into his occupational pension scheme so was able to get a pension equal to of one third of his salary.

On Monday deputy Bank governor Ben Broadbent was forced to defend the bank's policies against MPs who said employers were scaling back investment and limiting wage rises in response to the growing burden of larger occupational pension scheme deficits.

Other measures include tougher action to halt the transfer of money from occupational pension schemes into fraudulent ones

In 2008, our research paper The UK Pensions Crisis found that occupational pension schemes lost between # 150 and # 225 billion in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990s.

After several rounds of electorally unpopular increases in contribution rates and raising the retirement age, Gerhard Schröder's government introduced tax - subsidised, funded private and occupational pension schemes.

Ministers have defeated a Conservative - led amendment to the pension bill, rejecting calls to guarantee more financial help to people whose occupational pension schemes have collapsed.

Responding to a government statement on the Financial Assistance Scheme (FAS), which claimed # 1.7 billion of assets in occupational pension schemes could qualify for help, Lib Dem work and pensions spokesman Danny Alexander said the statement was «simply more dithering and delay from the government».

The government must compensate the thousands of people who lost their retirement nest eggs following the collapse of their occupational pension schemes, an influential group of MPs has demanded.

Four pensioners have now won their fight against the government's decision not to compensate them fully when their occupational pension schemes collapsed.

This edition of snapshot summarises some of the key legal and regulatory developments that occurred up to the end of May 2017 in relation to occupational pension schemes.

The Government has recently issued numerous regulations paving the way for the Single State Pension from 6 April 2016 and addressing the impact on occupational pension schemes.

We consider the impact on UK occupational pension schemes and the action trustees should take.

Most occupational pension schemes operate a net pay arrangement.

Gabrielle advises employers and trustees of occupational pension schemes (both defined benefit and defined contribution) on a broad range of pensions matters including automatic enrolment; scheme amendments and changes to benefit structures; scheme funding issues; scheme governance; member - related issues such as benefit questions, pension sharing orders or high - earner tax questions; the operation of the Pension Regulator's powers; and entry into the Pension Protection Fund.

Trustees of occupational pension schemes have a statutory duty to ensure that they have an adequate knowledge...

Trustee advisory for defined benefit, defined contribution and hybrid occupational pension schemes.

We advise insurance companies, trustees of defined benefit, defined contribution and hybrid occupational pension schemes on challenging issues including scheme funding, mergers, trustee duties and investment (including bulk annuity purchase projects).

The Professional Trustee Standards Working Group (PTSWG) is consulting on a series of standards for professional trustees of occupational pension schemes.

This edition of snapshot summarises some of the key legal and regulatory developments that occurred up to the end of January 2018 in relation to occupational pension schemes.

On these pages, we list some of the areas in which we support our clients with occupational pension schemes, whether as sponsor, trustee or professional adviser, in either the private or public sectors.

In contrast to how normal occupational pension schemes operated, to be a registered pension scheme there was no need for members of that scheme to have an employment relationship with the employer who had established it.

Our dedicated pensions team forms part of the employment group and advises on all aspects of UK pensions law acting for trustees of occupational pension schemes, employers, independent trustees, the Pension Protection Fund, the Pension Infrastructure Platform, pension trustee indemnity insurers and life assurance companies.

Anna has spent her entire career advising clients who operate or sponsor occupational pension schemes, with a particular expertise in defined benefit schemes.

Acting as an independent trustee of all sorts of occupational pension schemes, including defined benefit (final salary, and CARE), defined contribution, hybrid, and GAD - certified

She has specialised in advising both corporate sponsors and trustees of occupational pension schemes for 20 years.

Occupational Pension Schemes 3.

Consultation on the draft Occupational Pension Schemes (Employer Debt)(Amendment) Regulations 2017 - Sackers» response to DWP consultation

Not exact matches

Many of my constituents who are on occupational schemes, mostly from British Telecom, have found that their pensions have been changed only two years after they were renegotiated between the trustee and the pensioners.

On the defendant's advice, Shore suffered loss by transferring his accrued benefits from an occupational scheme into a personal pension in 1997.

Our clients include pension funds, employers sponsoring occupational schemes and individual scheme members.

Parliament must have intended the Regulations to operate sensibly in respect of the differing pension schemes given that they clearly apply to both occupational and personal pensions even though the definition of «active membership» in s124 (1) of the Pensions Act 1995 does not refer directly to personal pension pensions even though the definition of «active membership» in s124 (1) of the Pensions Act 1995 does not refer directly to personal pension Pensions Act 1995 does not refer directly to personal pension schemes.