Sentences with phrase «occupational pension scheme in»

Not exact matches

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 1990In 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 1990in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990in 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.

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».

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.

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.

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 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.

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

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.

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.

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.

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.

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

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

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).

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.

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.