P&E Update: Pensions Bulletin

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  • The Watch List

6th April, 2015 Changes

  • DB to DC transfers: Requirement for independent advice: Transfer right under rules
  • treasury announces consultation on pension freedoms
  • FCA response to consultation on proposed changes to pension transfer rules and final rules

New Law

  • EMIR: European Commission extends pension funds exemption

Tax

  • Pension Schemes Newsletter 69
  • HMRC temporarily suspends its ROPS list

Cases

  • compromise agreements and pension rights: Ombudsman’s determination in relation to White

Points in Practice

  • abolition of DB contracting-out: 9 months to go!
  • new Ombudsman’s statement on redress for non-financial injustice
  • Regulator’s annual DB Funding Statement: Clarification

Client Seminars

  • Pensions Update Seminar: 17th June, 2015: Packs available
  • Pensions Update Seminar: November 2015