News Archive
August 2009
Definition of Dependant extended under HMRC rules
Aug 2009 Amy RobertsHMRC have relaxed their definition of a dependant following lobbying by the pensions industry that the post A Day definition excluded certain children from being able to receive a dependant’s pension.
Consultation on revised PPF assumptions
Aug 2009 David LindsayBackground
Case Law Update
Aug 2009 Leonie JonesMCP Pension Trustees Limited v Aon Pension Trustees Limited
TPR statement - higher standards for DC pensions
Aug 2009 Mark RiordanThe Pensions Regulator has released a statement in which it sets out two broad aims for producing good outcomes for members of defined contribution (DC) pension schemes. These aims have been identified following the detrimental impact of the current economic downturn on pension investments and the introduction of the automatic enrolment regime in 2012.
Equitable Life interim report on compensation to policyholders
Aug 2009 Amy RobertsFollowing the consultation on the proposed framework for a compensation scheme for those affected by the Equitable Life collapse (see July 2009’s Pensions Express), Sir John Chadwick has published an interim report with further proposals in response to representations received from the industry.
The PPF 7800 Index
Aug 2009 Andrew ShortThe latest PPF 7800 Index revealed an improvement in the aggregate funding position over July 2009
