P&E Update: Pensions Bulletin

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Topics covered in this bulletin:

The Watch List

New Law

  • secondary annuity market
  • data protection: New regulation published

Tax

  • annual allowance taper and taxable termination packages

Cases

  • DB schemes: Bulk transfers without consent: Pollock v Reed
  • early retirement factors: Ombudsman’s determination in relation to Mayo

Points in Practice

  • FCA policy statement about pension reforms - feedback on CP15/30 and final rules and guidance (PS16/12)
  • auto-enrolment - Pensions Regulator fines Swindon Town Football Company Limited
  • Financial Services Compensation Scheme: Changes confirmed