Regulator has updated several areas of the guidance to ensure regime is fit for purpose
Transaction secures benefits for all remaining uninsured scheme members
Inherited values may no longer be excluded from marginal rate income tax
LCP partner says the events of September 2022 have changed the picture significantly
Bulk annuity transaction fully secures the benefits for all members of the scheme
Response outlines government plans to increase value for money for members
Draft secondary legislation setting out the way forward will be published later this year
The government has responded to its call for evidence on small pots
Scheme was able to transact within three months of deciding to go to market
ONS figures show market value of DB schemes fell by 3% between Q3 and Q4 2022