Insights
Pension news and opinions from our professional trustees
Will he or won’t he? The big pension tax relief question.
Until very recently, there was considerable speculation that the Chancellor, in his Budget on 11 March, would announce a radical shake-up of pensions tax relief. The latest headlines, which follow a change in Chancellor, suggest that the rumoured shake-up will no longer happen. Of course, we will not know for sure until...
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Recent Articles
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Professional Trustee Accreditation
The use of professional pension trustees has increased materially over recent years. More and more pension schemes are using professional trustees to help them meet the increasingly challenging governance standards set by the Pensions Regulator. This has led to trusteeship morphing from a small cottage industry dominated by late-career pensions... Read More
25 February, 2020 -
Salary Sacrifice and Pension Contributions
Earlier this month, the Government published its response to a wide-ranging consultation on the National Minimum Wage (NMW). This response is very relevant to workplace pensions because it covers the NMW and salary sacrifice, including pensions salary sacrifice (where employees give up part of their pay in return for a... Read More
20 February, 2020 -
Brexit – the next instalment
It has ‘only’ taken three years (!) for the UK to finally leave the EU on 31 January at 11pm UK time (midnight in Brussels). At that point, the Article 50 process (see below) was completed. Article 50 – Treaty on European Union (TEU) Any Member State may decide to withdraw... Read More
13 February, 2020 -
Objective Setting – what now?
Trustees will have been busy setting objectives for their investment consultants towards the end of last year following the Competition and Markets Authority (CMA) Order which came into force on 10 December 2019. Given that this deadline has passed, and objectives have been set – what now? These objectives should not... Read More
10 February, 2020
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