Insights

Pension news and opinions from our professional trustees

  • Recent Articles

    • Lay off the trustees

      There are around 6,000 defined benefit (DB) pension schemes in the UK.  Some are very big (the BT Pension Scheme has assets of £40bn and 300,000 members) and some are very small (less than £1m with just a handful of members).  Looking after all these scheme are pension trustees.  If... Read More

      Vassos Vassou
      Vassos Vassou
      4 October, 2016
    • Even HMRC have a too hard to do pile and on top of it is VAT for DB Pension Schemes.

      On 5 September HMRC issued the snappily titled “Revenue and Customs Brief 14 (2016): VAT, Deduction of VAT on pension fund management costs following Court of Justice of the European Union decision in PPG”.  Here’s a link if you want to have a read. To condense it into a short... Read More

      Mike Crowe
      Mike Crowe
      19 September, 2016
    • Trustees are Responsible

      All Schemes with a DC element (other than AVCs) must include a governance statement from the Chair in their Reports and Accounts for periods ending after 5 July 2015. With the most common accounting date the 6 April, the vast majority of schemes should now be in the process of producing... Read More

      Greig McGuinness
      Greig McGuinness
      7 September, 2016
    • It’s no Sacrifice…

      So sang Elton John on a track on 1989’s “Sleeping in the Past” album.  Before I get all Patrick Bateman, I will get to the point.  Much speculation took place before this year’s budget on whether Salary Sacrifice would survive much longer as a valid mechanism for facilitating pension scheme... Read More

      Mike Crowe
      Mike Crowe
      18 August, 2016
    • Acute or Obtuse – an angled guide to risk managed triangles

      The Integrated Risk Management (IRM) diagram is shown in absolute perfect symmetry.  The equilateral triangle, surrounded by a perfect circle.   With any equilateral triangle, the movement of angles result in it becoming acute, or obtuse. Now, lets think about how we work an IRM strategy when we have one component part... Read More

      Chris Roberts
      Chris Roberts
      10 August, 2016
  • Get in touch with us

    Call us on 028 9041 2018 or fill out the form below and someone will get back to you.