Simplification – tried it, didn’t like it
On Budget day last year (22 April 2009), the Government announced that, from 6 April 2011, the tax relief available on high-income individuals’ pension savings will reduce. There will be a new
Issue: February 2010 Author: David Roberts

NMPA to increase to 55
The NMPA will increase from 50 to 55 on 6 April 2010 and it will affect people personally and impact on all areas of your business, not just the pension
Issue: February 2010 Author: Sharon Piert

Administration – the formula for change
Given the recent legislation from the Pensions Regulator and the unfamiliar territory of a potential PPF assessment period, trustees are turning more of their attention to the services provided by
Issue: February 2010 Author: Sarah Innes FPMI

Make sure you follow your power of amendment
The High Court decision in the case of Walker Morris Trustees Limited v Masterson and Another emphasises the importance of following the requirements of your scheme's power of amendment Failure to
Issue: February 2010 Author: Mark Poulston LLB (Hons), FPMI, ACII

Ask the Expert – Administration
Colin Ross, Aegon HS Admin asks: “Do you envisage further consolidation in the administration provider market over the next few years? What does this mean to scheme members in terms of service and
Issue: February 2010 Author: Nigel Clarkson

The review of PMI governance and management – an update
In the September issue of PMI News, PMI President Mike Sullivan announced the Council’s intention to review the governance and management of the Institute. PMI members took part in a consultation
Issue: February 2010 Author: Mike Sullivan

Doing CPD – the members’ perspective
CPD has a vital role in ensuring that members observe high standards of professionalism Members benefit from considering their annual CPD requirements carefully at the beginning of the year and plan
Issue: February 2010 Author: Tim Middleton

The importance of record keeping
Keeping accurate, detailed records on pension scheme members is not just a legal requirement for trustees – it makes good business sense. Sponsoring employers will have a more precise assessment of
Issue: February 2010 Author: Justin Wray

Actuarial and Investment Matters
It is almost a year since the Chancellor of the Exchequer unveiled plans to limit the pension tax relief which could be claimed by high earners from 6 April 2011 and the linked ‘anti-forestalling’
Issue: February 2010 Author: Richard Akroyd

Legal Update
Special rules were introduced earlier this year to prevent individuals from making large additional contributions to their pensions before April 2011 (when higher rate tax relief on high earners’
Issue: February 2010 Author: Simon Tyler

Consultancy and Administration Issues
One of the headline changes announced in last year’s Budget was the introduction of a new allowance on pension benefits and contributions from 22 April 2009 – the special annual allowance (SAA) –
Issue: February 2010 Author: Robert Fairhall