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In this response: Background Respondent information General comments Administration Master trusts Trust-based governance Transparency Background The DWP’s command paper published on 27 March 2014 proposes a range of measures aimed at...
Introduction The DWP has published final Regulations following the October 2013consultation on reclassifying DC benefits in the wake of the Bridge Trustees case. The Supreme Court’s July 2011 decision in Bridge...
Introduction Following a consultation in 2013 (please see our Alert), on 1 May 2014 TPR published a master trust assurance framework which aims to enable trustees of master trusts to demonstrate to employers that their scheme is managed...
Introduction On 27 March 2014, the DWP issued a command paper (the “Paper”) proposing a range of measures aimed at improving the quality of workplace DC pension schemes. The measures are driven by the large numbers of members now...
Introduction The morning after the night before (the much publicised Farage/Clegg debate on Europe), the European Commission published a proposal for a new Occupational Pension Funds Directive with somewhat less fanfare. Long awaited,...
Introduction Certain changes are being introduced with effect from 27 March 2014 to give greater flexibility for both DB and DC members now ahead of more radical changes from April 2015. The 2015 changes to the rules on the use of...
Introduction Having been expected to give pensions a wide berth, George Osborne’s fourth Budget as Chancellor (delivered on 19 March 2014) heralded some significant changes for DC schemes aimed at generating flexibility for members...
