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A requirement for pension schemes to have member nominated trustees; Greater disclosure of information to members; The introduction of clear documentation showing what should be paid into a scheme, and monitoring of those contributions; A minimum rate of increase to apply once in payment to pension earned after the date on which the Act came ...
Pension Law Reform (1993) Cm 2342, also known as the Goode Report after its leading author, Roy Goode, was a UK government commissioned inquiry into the state of pensions in the United Kingdom, which ultimately led to a set of statutory reforms in the Pensions Act 1995.
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Part VII, in sections 119 to 128, set out the rules for insolvent schemes and the duty of the Secretary of State to reimburse employees, but was then replaced by the Pensions Act 1995.. Part VIII contains rules on the relationship between requirements of the Act and scheme rules, insofar as they are overridden by the Act.
Pension tax simplification, sometimes referred to as pension simplification was a British overhaul in 2006 of taxation rules for United Kingdom pension schemes.The aim was to reduce the complicated patchwork of legislation built-up by successive administrations which were seen as acting as a barrier to the public when considering retirement planning.
Education (School Teachers' Pay and Conditions) Order 1995 (S.I. 1995/1015) Local Government Pension Scheme Regulations 1995 (S.I. 1995/1019) Gaming Act (Variation of Monetary Limits) (Scotland) Order 1995 (S.I. 1995/1020) Amusements with Prizes (Variation of Monetary Limits) (Scotland) Order 1995 (S.I. 1995/1021)
The Local Government Pension Scheme (LGPS) is one of the largest public sector pension schemes in the United Kingdom, with 6.4 million members from 15,000 employers. [1] It is a defined benefit pension plan. Administration is carried out through 89 [2] regional pension funds such as Greater Manchester Pension Fund and London Pensions Fund ...
An Act to amend the law relating to social security and to occupational and personal pension schemes; to establish and confer functions on a Pensions Ombudsman and a Registrar of Occupational and Personal Pension Schemes; to make provision for the payment of grants for the improvement of energy efficiency in certain dwellings; and for purposes ...