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More radical change for pensions download
Consultation on tax relief reform likely to lead to heated debate.
The complainant’s daughter was employed by the Royal Borough of Kensington and Chelsea (RBKC) and was a member of the LGPS.
Changes are to be made to the 55 per cent tax charge that applies when some lump-sum death benefits are paid from a registered pension scheme to a member’s estate.
Included in the Queen’s Speech on 4 June were announcements of two new pension bills: the Private Pensions Bill and the Pensions Tax Bill.
Defined-contribution pension reform — DWP confirms charge-capping measures and quality standards download
The DWP has outlined in its ‘Command Paper: Better workplace pensions: Further measures for savers’ new quality standards and charge-capping measures.
Pensions Matter — April 2014: the Pensions Regulator publishes further guidance on asset-backed arrangements download
Guidance from the Pensions Regulator (TPR) on asset-backed arrangements confers the steps TPR considers trustees should take before entering into such an arrangement.
The Court of Appeal has handed down its decision in Santander UK plc v RA Legal Solicitors.
Case law round-up — Pensions Matter, March 2014... an overview of key pension cases and their practical implications download
In McCoy, it was held to be reasonable for the trustees of a SIPP to require the beneficiary of a lump-sum death benefit to complete a form of discharge prior to paying out the discretionary benefit.
A recent case has emphasised the importance of getting the drafting of loan agreements right.
Charity trustees: it’s your decision download
The new guidance explains in detail how charity trustees should approach making decisions affecting their charity.