P&E Update: Pensions Bulletin

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Topics covered in this bulletin:

The Watch List

New Law

  • legislative changes flowing from DC flexibility and other tidying up changes
  • DC flexibility:  Draft Regulator’s Code of Practice published for consultation
  • consultation on draft LGPS Investment Regulations
  • Autumn Statement (1): Postponement of increases in auto-enrolment contributions
  • Autumn Statement (2): Rate of State Pension

Tax

  • protection against reduced annual allowance from 6th April, 2016
  • Autumn Statement (3): Tax points
  • Budget 2016
  • Notional earnings cap for 2016/2017

Points in Practice

  • FCA market study into asset management: terms of reference published
  • FCA update on pensions and retirement activities
  • Financial Services Compensation Scheme:  Proposed changes
  • State Pension guidance updated
  • Auto-enrolment (1): "Net pay" arrangements and (2) Employer change
  • Auto-enrolment (2): NOW: Pensions introduces employer change