Publications / Briefing Notes

March 2012

Budget 2012

The Chancellor of the Exchequer, George Osborne, opened his Budget 2012 speech with a statement that "this Budget rewards work" and "unashamedly backs business".

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February 2012

Six principles for good workplace DC

The Pensions Regulator (TPR) has published six high-level principles that it sees as the next steps to improve standards in defined contribution (DC) pension provision.

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November 2011

Autumn statement 2011

On 29 November 2011, George Osborne, the Chancellor of the Exchequer delivered his Autumn Statement; setting out the actions the government plans to take in three areas.

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November 2011

The role of DC Trustees

In October 2011, The Pensions Regulator (TPR) released a statement titled ‘The role of trustees in DC schemes’. Aimed at trustees of defined contribution (DC) schemes with more than 12 members, the statement is intended to explain the behaviours TPR expects them to take.

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June 2011

Understanding The Pensions Regulator’s focus

The Pensions Regulator (TPR) has recently published its Corporate plan, a document that details TPR’s priorities for 2011- 2014, splitting them between five strategic themes.

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May 2011

Changes to Pension Input Periods announced in the Finance Bill 2011

On 6 April 2006 (‘A-day’), we saw the introduction of ‘pensions simplification’ – a total overhaul of UK pensions legislation – and with it, the introduction of Pension Input Periods (PIPs).

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March 2011

The budget 2011

March 2011’s budget speech from George Osbourne, the Chancellor of the Exchequer, built on the Spending Review 2010 and the emergency Budget in June 2010 by continuing the theme of building a strong and stable economy.

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March 2011

Removal of the earnings cap - Impact on group life schemes

Employers who provide group death-in-service benefits, such as group life assurance and dependants’ pensions, through a registered scheme may be affected by a rule that automatically comes into force next month.

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March 2011

ECJ gender ruling

On 1 March 2011, the European Court of Justice (ECJ) ruled that using a person’s gender to calculate insurance premiums breaches equality legislation.

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December 2010

Auto enrolment

On 27th October 2010 pensions auto enrolment was ratified by the Department for Work and Pensions (DWP) following the review commissioned by the coalition government.

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October 2010

Changes to the annual and lifetime allowance

The government this morning confirmed that the annual allowance for pension contributions is to be cut dramatically from April 2011; from £255,000 to £50,000.

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July 2010

The emergency budget

After just two months in power, the coalition government delivered their first budget on 22 June 2010 – with very mixed reactions. Some feel the measures announced to get Britain’s finances back under control were a lot less painful than expected – others believe the level of cuts are far too deep too soon and may create a ‘double dip’ recession.

In this edition of inform+equip in 5, we summarise some of the key changes announced – particularly those relating to taxation, pensions and employee benefits.

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June 2010

The new coalition government and what it means for pensions

Whatever your views on the new Conservative/Liberal Democrat coalition government, it’s here to stay, with the UK’s first five year fixed-term parliament. This briefing note looks at the commitments the new government has made so far in relation to pensions.

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