The Chancellor’s Autumn Statement on November 22, 2023, included a long list of pensions announcements, although only the first three set out below have a firm starting date of April 6, 2024.
Giannis Waymouth
UK Pensions: Minimum pension ages: a lost opportunity to encourage small DC pension arrangements into consolidation?
By Giannis Waymouth on
HM Treasury has just swept in with a change to the pension tax rules taking effect from midnight on November 3, 2021) which has closed down a little wheeze which was making some defined contribution master trusts even more attractive than usual. It’s disappointing even if it does put us back where we all originally…
All I want for Christmas is… some UK pensions reforms?
By Giannis Waymouth on
OK, so even I am not that obsessed with pensions, love it though I may. I’m also a realist about how long it may still take. But there’s no denying that pensions have been largely ignored recently with all the hoo-ha in the UK over Brexit and the general election. The Pension Schemes Bill died…
UK Pensions: Paying for the sins of the fathers – how far back must you make up pension underpayments?
By Giannis Waymouth on
Trustees of UK pension schemes which include old guaranteed minimum pensions have got a bit of a dilemma on their hands at the moment. They have to equalise benefits between men and women to paper over the inherent inequality in the GMPs themselves, which means correcting past underpayments. There are many questions raised by…