On 29 July Professional Pensions held a webinar on the recent transitional changes to pension input periods.
You can now listen to the recording HERE
These measures will support the recent announcement that the annual allowance for tax relieved pension savings will be reduced for those with incomes above £150,000.
These changes look set to have far reaching consequences to how senior level executives save for their retirement.
The four strong panel discussed how pension schemes could prepare for the changes as well as answering a barrage of questions from the audience on what the changes mean for their scheme.
The webinar was chaired by Professional Pensions editor Helen Morrissey and comprised Aon Hewitt principal consultant Liam Mayne, Barnett Waddingham head of pensions research Tyron Potts, Sackers partner Claire van Rees and Capita senior technical consultant Mark Bondi.
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.