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.
Lesley Browning
UK Pensions | Rethinking Notifiable Events
By Lesley Browning on
Given that April 6, 2022 was the date set out in the new draft notifiable events regulations it seems distinctly odd that there has been complete silence since the consultation closed last October.
I am hoping the silence is down to legislators having a long hard think about whether the drafting is fit for purpose…
UK Pensions: The road to compliance is paved with good intentions… and practical problems
By Lesley Browning on
I read with interest the blog post by Nicola Parish, TPR’s Executive Director of Frontline Regulation, on December 8, 2021, where she warned trustees of DB schemes to be vigilant in the current economic climate. Nicola emphasised the need for strong, open relationships with employers and I think she is spot on with that comment. …
Talking Turkey – Salvation for Investors from UK Defined Benefit Schemes?
By Lesley Browning on
The UK Pensions Regulator has offered some comfort to investors and funds which may have been deterred from investing in UK companies with historic defined benefit liabilities.
It is unusual, as a matter of English law, for the corporate veil to be capable of being pierced – normally the liability incurred by one group company…
UK Pensions – is the current annual allowance limit unfair and unworkable?
By Lesley Harrold & Lesley Browning on
UK Pensions – is the current annual allowance limit unfair and unworkable?
The Revenue has been forced, finally, to face up to the fact that the annual allowance changes in relation to pensions contributions which attract tax relief, and which were brought into force in April 2016, are unfair and unworkable. The Treasury announced on …