03 Jun 2014

Pensions snapshot - June 2014


This edition of snapshot provides you with a need to know digest of the following legal and regulatory developments affecting the pensions world during May 2014:

  • Pensions Act 2014: Royal Assent granted
  • Limited Liability Partnerships and auto-enrolment: Supreme Court's decision has significant implications
  • PPF Levy: consultation on changes to the levy for the next three years
  • Pensions liberation: further Court decision and some statistics from the Regulator
  • Abolition of DB contracting-out: DWP consults on draft regulations
  • Trivial commutation: know your limits
  • VAT and pension scheme services: HMRC to review its policy
  • Implementation of new "money purchase benefits" definition
  • Pensions Ombudsman: small change in position blocks overpayment recovery
  • Local Government Pension Scheme investment: no to merger, yes to pooling

Find out more