Simplification – a promising title for a tax regime
The concept of the new, simplified tax regime for pensions, introduced by the Finance Act 2004, was audacious and elegant. Between publication and coming into effect on 6 April 2006 the Act seemed
Issue: January 2008 Author: Rachel Low

Protecting trustee directors in the post-Companies Act 2006 era
Pension schemes often contain provisions exonerating and indemnifying trustees against any personal liability they may incur in their role as trustees Where there is a corporate trustee, the law
Issue: January 2008 Author: Elizabeth Graham, APMI

Abandonment of defined benefit pension schemes
Scheme abandonment occurs where the employer severs its link to a scheme without providing the scheme with sufficient assets to compensate for losing the ongoing support of its employer Trustees
Issue: January 2008 Author: C. W. F. Low FFA, AIA, FPMI

New Year – time to dust off the resolution list?
New Year heralds the familiar annual challenge for TPAS of recruiting new voluntary advisers This is the traditional time of year that we all turn our attention to old and new resolutions. Time to
Issue: January 2008 Author: Barry Wilkins

Revised Statement of Recommended Practice
The introduction of the new Statement of Recommended Practice (SORP) provides welcome clarification of a number of key issues which will facilitate the production of Annual Reports in the future.
Issue: January 2008 Author: Ian Bell

Catching up with the regulator
Amy Balchin of the Pensions Regulator looks back at the regulator’s activities in 2007, and gives us a glimpse of what is to come in
Issue: January 2008 Author: Amy Balchin

Actuarial and Investment Matters
There is a common misconception that defined contribution (DC) is not a good deal for members. The perception is that DC itself is in some way deficient. The issue is not DC per se, but rather,
Issue: January 2008 Author: Gary Smith

Legal Update
The Pensions Regulator has published its reasons for appointing three independent trustees to the Telent scheme. The appointments were made in October without a warning notice having been issued,
Issue: January 2008 Author: Helen Hanbidge

Consultancy and administration issues
The start of the New Year could be a busy one for trustees and their advisers, with Event Reports due to HM Revenue and Customs (HMRC) by the end of January and attention now turning to requests by
Issue: January 2008 Author: Robert Fairhall