Policy News Journal - 2017-18

Independent review of the State Pension age ..................................................................................................427 The Pension Schemes Bill receives Royal Assent ...........................................................................................428 Money Purchase Annual Allowance to remain at £10k.....................................................................................429 Investigations by The Pensions Regulator result in convictions .......................................................................430 The 'forgotten fifties' .........................................................................................................................................430 Under-40s picking LISA over workplace pensions – MetLife............................................................................431 Guaranteed Minimum Pension checker: service availability and issues ...........................................................431 Pension schemes Scottish Rate of Income Tax newsletter ..............................................................................431 Andrew Warwick-Thompson to leave TPR .......................................................................................................432 Tackling 'dirty data' is crucial for pensions dashboard to succeed....................................................................432 Progress on future of British Steel Pension Scheme ........................................................................................433 Have your DB scheme clients used the transitional period for auto enrolment?...............................................433 When is a newly-merged company a ‘new employer’ for auto enrolment? .......................................................434 New duties for master trust pension schemes ..................................................................................................434 British Airways loses High Court battle over discretionary increase .................................................................435 Low earners suffer wage suppression as companies plug pensions deficits ....................................................435 Pension schemes newsletter 87 - May 17 ........................................................................................................436 Guaranteed Minimum Pension checker – issue resolved.................................................................................436 3 percent today for 24 percent in retirement .....................................................................................................436 Public sector staff pay twice as much into pension pots...................................................................................437 Government to introduce bill for merged guidance bodies................................................................................438 Net pay arrangement for defined contribution (DC) funds ................................................................................439 Retirement income gender gap grows by £1,000 .............................................................................................439 Pension schemes newsletter 88 - June 2017 ...................................................................................................440 Government should be ambitious about improving pensions saving system....................................................440 PLSA consultation looks at increasing contributions for Pension Quality Mark ................................................441 Shake-up of pensions tax relief off the table, for now .......................................................................................442 Proposed new timetable for State Pension age increases ...............................................................................442 Centre for Ageing Better responds to plans to increase the State Pension age ...............................................443 Latest Countdown Bulletin published................................................................................................................444 NOW: Pensions reassures its clients and members.........................................................................................444 Pension schemes newsletter 89 – July 2017....................................................................................................445 Play your part – act on pension scams.............................................................................................................445 Latest Countdown Bulletin published................................................................................................................446 The Information Commissioner’s Office to enforce cold calling ban to protect savers ......................................446 Pensions Industry Stakeholder Forum minutes ................................................................................................447 Failure to provide information in connection with BHS sale leads to prosecution .............................................448 Countdown Bulletin published ..........................................................................................................................448 Pension schemes newsletter 90 – August 2017 ...............................................................................................449 Websites carrying anti-scam messaging could be fraudsters in disguise .........................................................449 Administrators of relief at source pension schemes .........................................................................................450 NOW: Pensions to top up non taxpayers’ pension pots to offset net pay scheme............................................451 Engagement remains a huge challenge for pensions.......................................................................................451 PLSA launch made simple guide explaining GDPR .........................................................................................452 Lifetime allowance pension scheme administrator look-up service ..................................................................453 TPR launches new campaign to protect workplace pension savers .................................................................453 Pension freedoms inquiry launched..................................................................................................................454 Pension schemes newsletter 91 – September 2017.........................................................................................455 Countdown Bulletin for October published........................................................................................................455 Reporting data about pensions savings statements .........................................................................................456 Pot Follows Member plan may be resurrected .................................................................................................456 National Retirement Income Targets proposed ................................................................................................456 Countdown bulletin 29 ......................................................................................................................................457 TUC reveals pension blackspots ......................................................................................................................458 Recognised overseas pension schemes notification list...................................................................................459 Project Bloom: Use your eyes and ears to avoid pension scams .....................................................................459 FCA report shows all-round confusion about retirement options ......................................................................460 UK employers behind in proportion of pension contributions............................................................................460 Bulk transfers of defined contribution pensions without member consent ........................................................461 Disclosure of costs, charges and investments in DC occupational pensions....................................................461 Workers must be protected from pension roulette, says TUC ..........................................................................462 Recognised overseas pension schemes notification list...................................................................................462 NEST calls for pre-set retirement options to protect savers in retirement.........................................................463 Countdown bulletin 30 - November 2017 .........................................................................................................463 Extend salary exchange for pensions to low-paid.............................................................................................464 New Pensions Online Digital Service ...............................................................................................................464 Planned downtime for Pension Schemes online service ..................................................................................465

The Chartered Institute of Payroll Professionals

Policy News Journal

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