Welcome to the February issue of Compass

27 February 2018

Welcome to the first edition of Compass on our new interactive PDF format.  Thank you to the design team that have helped us with this and do let us know if you have any comments on the new look.

We start this month looking at changes to the PPF contingent asset rules and technical changes to the way bridging pensions work in that fund.  Also a recent case in relation to the PPF benefit cap and how it interacts with transferred in benefits is considered.

In the second article we look at the Pension Regulator’s recent action against pension scams, its action against a bus company that wilfully failed to comply with the law on workplace pensions – the first such prosecution by the Pensions Regulator, and finally further action by the Regulator in respect of a scheme that failed to produce audited accounts for two years running.

The next article looks at the recent age discrimination case in the Employment Appeal Tribunal in respect of the New Judges Pension Scheme and looks forward to the next round of litigation in relation to firefighters. 

Elsewhere in Compass we cover:

  • The latest legal case around increases of defined benefit pensions in payment, this time a further section of the BT scheme.
  • HM Revenue & Customs statistics on the estimated cost of pension tax reliefs and on the details of pension scheme members taking advantage of defined contribution flexibility.
  • A round up of other employee benefit news.





Pension Scheme Insight Report 2016

The Pension Scheme Insight Report 2016 is aimed at those responsible for designing pensions and employee benefits programmes in the workplace.

Download your copy

Auto enrolment

Our award-winning consultancy will help ensure you're compliant, while our bespoke technology provides you and your employees with a seamless, fully-automated experience – without the burden of unnecessary admin.

Find out more

Defined Benefits (DB) Consulting

As one of the UK’s leading advisers on pensions, we provide actuarial, investment and consulting services for defined benefit (DB) pension schemes of all sizes, including journey planning, funding and risk management strategies.

Learn more

Get all our latest research and insights

Receive key regulatory research, opinion, guides and insight straight into your inbox.

Sign up now

Subscribe to our Compass newsletter

If you currently do not receive Compass and wish to receive future issues, please submit your details.