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In his Budget, Chancellor Phillip Hammond announced that the Government was resolved to look forward and not backwards and to produce a "balanced approach" to prepare Britain for the future.
Welcome to the September edition of our Pensions Outlook, this month we will be looking at the recent British Airways and IBM cases and life assurance schemes.
The widely-trailed consultation on how to reform corporate governance, including for privately-owned companies, was released today.
Life assurance schemes can be established either as tax registered schemes, or non-registered schemes where the underlying benefits will not count towards the member's lifetime allowance which is currently £1.25 million.
The Regulator has given an insight into how it expects auto enrolment will affect employers, but it accepts this is a new area of law and we are yet to see exactly how it will run in practice.
We discuss the impact of further reductions in lifetime allowance.
Our employment experts discuss the benefits for employers of flexible retirement, and how to handle potential discussions of this nature with staff in a non-discriminatory way.
IBM made pension changes in 2010 which were called "Project Waltz" and took place after two other scheme restructuring exercises. Our expert explains the Court of Appeal's recent decision.
Throughout 2016 and so far in 2017, defined benefit pension schemes have made headline news for all the wrong reasons.