Giannis Waymouth

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UK Pensions: Flurry of pensions-related announcements in Autumn Statement      

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. Consultations, responses, calls for evidence or reviews were published on: Comment After years of initiatives around the edges of forcing consolidation of pension … Continue reading

UK Pensions: Minimum pension ages: a lost opportunity to encourage small DC pension arrangements into consolidation?

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 … Continue reading

UK Pensions: Paying for the sins of the fathers – how far back must you make up pension underpayments?

  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 … Continue reading
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