Sentences with phrase «occupational pension schemes»

A new disclosure requirement is being imposed on occupational pension schemes to provide members with retirement risk warnings.
The most popular opportunity is likely to be that he has been offered a chance to transfer his pension from his current occupational pension scheme to another registered arrangement run by the financial adviser.
Likewise, the baby - boomers are the main benefi ciaries of occupational pension schemes which are now all too often closed to younger workers who, nevertheless, have part of their salaries redistributed to help fill company pension defi cits.
The 5G Futures Pension Scheme was registered with tPR as a DC occupational pension scheme in 2009.
She has specialised in advising both corporate sponsors and trustees of occupational pension schemes for 20 years.
Other measures include tougher action to halt the transfer of money from occupational pension schemes into fraudulent ones
We consider the impact on UK occupational pension schemes and the action trustees should take.
The DWP has launched a consultation in relation to draft regulations which would enable a bulk transfer of salary - related contracted - out rights without member consent to a salary - related occupational pension scheme that has never been contracted - out, provided certain conditions are met.
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).
Establishment of a new defined benefit occupational pension scheme for the UK wing of a multi-national business.
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.
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.
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.
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.
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.
Consultation on the draft Occupational Pension Schemes (Employer Debt)(Amendment) Regulations 2017 - Sackers» response to DWP consultation
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.
Advising Cobham PLC on the # 280 million bulk annuity contract with Rothesay Life for its main UK occupational pension scheme.
Trustee advisory for defined benefit, defined contribution and hybrid 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.
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.
The government must compensate the thousands of people who lost their retirement nest eggs following the collapse of their occupational pension schemes, MPs demand.
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.
The occupational pension schemes are the local government pension scheme (LGPS) for non-teaching staff and the teachers» pensions scheme (TPS) for teaching staff.
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.
The Stephenson Harwood pensions podcasts provide an overview of key legal developments relating to occupational pension scheme and how they impact scheme members, trus..
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.
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.
A SSAS is an occupational pension scheme and are suitable for directors of private companies; they are most commonly used for private family businesses
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.
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).
David also acts for occupational pension scheme trustees and scheme administrators in matters concerning overpayments, member complaints and disputes concerning pension scheme documentation.
Trustees of occupational pension schemes have a statutory duty to ensure that they have an adequate knowledge...
Acting for the trustees of an occupational pension scheme in securing its pension scheme liabilities on the insolvency of an overseas transport company.
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.
Acting for a UK based employer on the solvent transfer of its pension liabilities in two occupational pension schemes to the Pension Protection Fund.
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.
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
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.
The Professional Trustee Standards Working Group (PTSWG) is consulting on a series of standards for professional trustees of occupational pension schemes.
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