Pickering envisages new UK Pensions Act

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UK/EUROPE - Alan Pickering, head of the UK pensions simplification review and chairman of the European Federation for Retirement Provision (EFRP), hopes his review will result in a new UK pensions Act "that will encompass all the private pensions legislation for which the Department for Work and Pensions is responsible."

The review is looking at areas such as rules relating to guaranteed minimum pensions, protected rights premiums, contracting-out and Inland Revenue limits. Pickering said: “Although some existing ...

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