As 2018 draws to a close we take a look back at the changes to UK Pensions this year. […]
Category: Pensions
Section 75 Pensions Act 1995 and the New Deferred Debt Arrangements
Background Section 75 and 75A Pensions Act 1995, as amended by Employer Debt Regulations, provides that an annuity buy-out debt is triggered on an employer of a defined benefit scheme in certain circumstances. These include: Where the employer triggers a winding up of the scheme The employer becomes insolvent Where the employer leaves a multi-employer […]
The new Pension Bill: Highlights in 5 minutes
On 18 May 2016 the Queen announced the introduction of the Pension Bill 2016. In this article we provide an overview of the main points of the new Bill that employers should be aware of. […]
Autumn Statement 2015: Main points to note for UK employers
Following the tax announcements of the Summer Budget in July of this year, yesterday’s Autumn Statement focussed mainly on the Government’s Spending Review. However, it did also contain a few significant tax-related changes that will impact HR practitioners. […]
Summer Budget 2015 – Key announcements relevant to UK Employers
The second budget of 2015 in many ways continues previous trends as the UK government looks to incentivise people into work, reduce state benefit and deficit bills and promote the UK as “open for business”. However there was one major surprise announcement impacting employers with the introduction of a new National Living Wage. Aside from this headline grabbing measure we saw a continued focus on reducing tax reliefs for the highest earners and the crack down on tax avoidance. […]
Auto-enrolment update – new employer pension duties come into force
On 30 June 2012, key provisions of the Pensions Act 2008 and Pensions Act 2011 came into force requiring all UK employers to enrol eligible jobholders automatically in a pension scheme. […]
Compensation & Benefits: Pensions reforms – new disclosure rules for tax avoidance schemes
Following on from the announcements in April of this year regarding the restriction of higher rate tax relief on pension contributions for those earning more than £150,000,…. […]
Compensation & Benefits: Amendment to AIM rules to now require disclosure of directors’ remuneration
On 15 December 2009, the London Stock Exchange published AIM Notice 35, detailing proposed amendments to the AIM Rules. […]
Compensation & Benefits: UK income tax and social security – the new realities
We look at the new tax rates in force from April 2010 as well as the new rules on tax relief for pension contributions. Changes to the UK tax system taking effect from 6 April 2010 significantly increase the tax burden on those earning over £100,000, with some paying income tax at a 60% rate. […]
Compensation & Benefits: New personal pension accounts regime
New personal pension accounts regime – an employer’s guide […]
