Defined Benefit (DB) Schemes
A holistic servicing proposition to improve governance and reduce service costs
March 29, 2011
Trustee Knowledge and Understanding (TKU)
As promised in January, the latest TKU bulletin from CMS Cameron McKenna is now available. This quarter, the bulletin covers:
- Legislation
 Pension Bill 2011
 Important legal cases - Tax guidance
 Input periods and carry forward
 Anti-avoidance
 HRMC newsletters 44 and 45
 Reduction to the lifetime allowance
 Paying the annual allowance from the scheme - Regulator
Recovery plans
Transfer incentives - Government
 Equitable Life
 Phasing out default retirement ages - PPF
 Overfunded schemes
 GMP equalisation
 Levy deadlines
 Valuation assumption changes - Ombudsman Cases
 Lambden (74315/3)
 Sheppard (76726/2) - Things to look out for
 GMP equalisation
 Finance Bill 2011-03-28
 Auto enrolment
It’s a must read for trustees. You can download a copy by clicking here
If you need to know more about any of the issues, please feel free to contact us.
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