Tuesday 22 May 2012

Poll

Should the government commit to a ten year moratorium on key pension rule changes?:

Money purchase

BEGINNERS' PAGE A question of definition

When is a money purchase scheme not a money purchase scheme? asks Adam Lees, Eversheds

Following the decision of the Supreme Court in Houldsworth v Bridge Trustees Ltd (Bridge), the government introduced a new definition of “money purchase benefit” (MP benefit) in the Pensions Act 2011. The new definition means that some schemes that were formerly treated as money...
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Large firms can save on auto-enrolment costs

One third of the UK’s largest employers are planning on using a type of pension scheme for auto-enrolment which is expensive and ill-suited to the huge rise in members entering their schemes from October 2012 according to Hymans Robertson research. Furthermore, with just over a year to go...
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