Search results

Order by most recent / most popular / relevance

Results: 1-10 of 10

Deferred members and AA testing

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

Where plan rules provide that deferred members’ benefits will increase at a rate of revaluation allowed by tax legislation, the increase will not count towards the Annual Allowance

Abolition of protected rights

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

It will not be possible for pension plans to contract out on a protected rights basis from April 2012

All change for agency workers

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

Auto-enrolment is not the only concern for those employing agency workers

A bridge too far?

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

The ruling in the Bridge case established what are “money purchase benefits” (which fall outside the statutory funding and employer debt regimes

Refunds of contributions

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

Trust based pension plans typically allow leavers with less than two years of membership to take a refund of their own contributions

Fixed protection

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

The Lifetime Allowance will reduce from £1.8m to £1.5m from 6 April 2012

Flexible drawdown

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

Subject to plan rules, DC members who have a guaranteed annual level of pension income of at least £20,000 can withdraw their excess DC funds, without a cap applying

Statutory employers

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

A recent announcement from the Pensions Regulator emphasises the importance of trustees of DB plans identifying their statutory employers for the purposes of funding, debt liability and PPF entry requirements

‘Scheme pays’

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

Trustees must issue a pension savings statement to a member whose savings exceed the Annual Allowance in a Pension Input Period

Countdown to 1 October 2012 (auto-enrolment duties)

Squire Sanders Hammonds
-
United Kingdom
-
September 29 2011

With less than a year to go until the advent of auto-enrolment duties, large to medium-sized employers should now have an action plan in place