What do schemes need to do to comply with money purchase amendment?

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It's been four years since the end of the Bridge Trustees case and the legislation it prompted is now in effect. Pádraig Floyd looks at what schemes should do to ensure they are compliant.

At a Glance In the Bridge Trustees v Houldsworth and another (2011) case the Supreme Court created uncertainty about the legal definition of DC benefits.  Trustees have until March 31 2015 to...

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