P&E Update: Pensions Bulletin

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Topics covered in this bulletin:

The Watch List

New Law

  • DWP consultation on GMP equalisation and contracting-out
  • Work and Pensions Select Committee evidence given by Richard Harrington
  • Pension scams consultation – includes blocking transfers
  • Pension Schemes Bill progress
  • General levy consultation
  • FCA Asset Management Market Study – interim report
  • FCA consultation on shopping around for an annuity

Tax

  • Overseas schemes requirements – consultation

Points in Practice

  • Regulator focuses on record-keeping
  • IORP II – final draft passed