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Topics covered in this bulletin:
The Watch List
New Law
- PPF and FAS long service cap - consultation on PPF cap
- Consultation on financial advice
- NEST rule changes
- NEST’s future – consultation deadline for responses extended
Tax
- Finance Act 2016
- Autumn Statement date and publication of Finance Bill 2017 clauses
Cases
- Scally duty not applied re death benefit change
- Non-pensions cases – Trustee liability (Section 61 TA1925) and Trustee Investment Duty
- Ombudsman exercises discretion to limit investigation to UK scheme
Points in Practice
- PPF levy consultation
- 2016 Consultation on assumptions used for Section 143 and Section 179 valuations
- Pensions Dashboard prototype launch expected for Spring 2017
- Pensions Wise – FCA consultation on standards for guidance providers
- EIOPA communication tools report
Forthcoming Events
- Pensions Update Seminar