UK: Pensions Update: July 2015
24 July 2015
Welcome to the July 2015 edition of the UK: Pensions Update.
In this edition we focus on the key announcements coming out of the Summer Budget, in particular, the Government's consultation on pensions tax-relief reforms and the introduction of the Annual Allowance taper from next April.
In this edition we also cover:
- an update on the abolition of contracting-out and the final form Occupational Pension Schemes (Schemes that were Contracted-out) Regulations, which were published last week;
- the outcome of Bradbury v British Broadcasting Corporation and what it means for non-pensionability agreements;
- the extension of the pension schemes exemption from central clearing requirements under EMIR; and
- DC governance and charges.
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