Sentences with phrase «scheme pension arrangements»

Executive Directors are entitled to benefits under defined contribution scheme pension arrangements.

Not exact matches

Chancellor George Osborne's budget statement announced that the Pensions Regulator would be given a new objective to support scheme funding arrangements «that are compatible with sustainable growth for the sponsoring employer and fully consistent with the 2004 funding legislation».

That policy motion criticised the current scheme funding arrangements for needlessly damaging employers» finances and destroying DB pension schemes, and also crticised over-regulation.

Basic pension arrangements for MEPs and MPs are the same, but MEPs can also choose to contribute to an additional, and very generous, European Parliament pension scheme.

Under «relief at source» arrangements - the pension contribution is deducted after tax is calculated and HMRC later send the tax relief to the pension scheme.

Under «relief at source» arrangements, members of pension schemes who do not pay income tax are nonetheless permitted to basic rate tax relief (20 per cent) on pension contributions up to # 2,880 a year.

«The hard - earned pension savings of New Yorkers should never serve as a vehicle for corrupt, personal enrichment,» Manhattan U.S. Attorney Preet Bharara said in a statement, calling the alleged pay - for - play arrangement a «classic, quid - pro-quo bribery scheme.»

During what is known as the «joining window», a one month period from the eligible jobholder's automatic enrolment date, the employer must give information to the pension scheme about the eligible jobholder; give enrolment information to the eligible jobholder; make arrangements to achieve active membership for the eligible jobholder, effective from their automatic enrolment date.

This guidance gives details on the career average pension scheme introduced from April 2015 for most members, how career average works, an overview of the scheme and the transitional protection arrangements.

It has already scored a number of client successes advising on complex pension structuring cases, notably ensuring the continued survival of one manufacturing company by successfully untangling it from # 500m of pension scheme liabilities through a rare regulated apportionment arrangement (RAA).

As part of government changes to all public sector pension schemes, the new 2015 Firefighters» Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings pension schemes, the new 2015 Firefighters» Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings scheme.

A spokesman for the Pensions Regulator stated: «We do not agree to these types of arrangements lightly but in this case we believe it is the right outcome for scheme members and the PPF.»

As part of ongoing public sector pension scheme reforms, members of both the firefighters» and judicial pension schemes were compulsorily transferred into new arrangements with less favourable retirement benefits, including a lower rate of accrual and a higher normal pension age.

We have worked across all kinds of pension arrangements — public sector, industry wide schemes (including the Social Housing Pension Scheme) and private sector spension arrangements — public sector, industry wide schemes (including the Social Housing Pension Scheme) and private sector sPension Scheme) and private sector schemes.

He said that pension scheme rules on the calculation of benefits «must remain a matter for employers and scheme trustees to decide», particularly where the details of such arrangements «would have been available to members when they joined the scheme».

Most occupational pension schemes operate a net pay arrangement.

«Given the speed at which Carillion collapsed, there appeared to be no time to attempt to save the company by separating it from its 13 defined benefits schemes through the use of a regulated apportionment arrangement, as most recently agreed, for example, in the British Steel pension scheme.»

PPF has continued to block the terms of a Company Voluntary Arrangement proposed by Toys R Us and demanded # 9m to be injected into their pension scheme.

Advising the UK based pension scheme of an international transport company in defeating a proposed arrangement under which the UK pension liabilities would have been left behind in a restructuring of the larger international group.

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 arranPension 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 arranpension savings from an HMRC registered occupational pension scheme to another registered arranpension scheme to another registered arrangement.

Among other conditions for PPF recognition, a contingent asset arrangement must be in the PPF's standard form and various certifications need to be given by the pension scheme's trustees to the PPF both at inception and annually thereafter (normally before the end of March each year).

Some of these «scams» are difficult to detect as they have the appearance of being above board, with the receiving arrangement being a registered pension scheme and all the paperwork looking completely bona fide.

A «pensions scam» is an arrangement that attempts to «inappropriately release funds from HMRC registered pension schemes», and by that they mostly mean gain access to monies that a registered pension scheme would not be able to provide.

During the campaign to protect the existing DB arrangement, unions mentioned the profits the drinks company was making and how these compared with the pension scheme.

He acts for employers, trustees and members, including on restructuring of schemes, contingent asset arrangements (including for PPF purposes), dealing with the Pensions Regulator and the Pension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas traPension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas trapension aspects of corporate transactions and on overseas transfers.

Multiple employers in relation to the closure of their defined benefit pension schemes to future accrual and the implementation of new benefit arrangements

Advising Office Depot on the sale of its European business and a restructuring of its UK pension scheme which included establishing a new sponsor, apportioning past services liabilities, amending and replacing parent company guarantees, and putting in place various security arrangements.

The NHS has recently reviewed its pension arrangements by reducing the age at which ex-spouse members of the scheme can draw benefits to 55.