Monthly Archives:: July 2014

New UK Pension Rules from April 2015

Posted by & filed under Pension rules, UK Pensions.

Following on from the UK Government’s consultation results* the new pension framework can now be laid out detailing how this specifically affects final salary (defined benefit) pension schemes and money purchase (defined contribution) schemes. The pension reforms will replace the interim measures announced in the UK budget of March 2014 and will come into effect from the… Read more »

New UK Pension Rules 2015 – Defined Contribution (Money Purchase) Schemes

Posted by & filed under Pension rules, UK Pensions.

Following a recent consultation* the UK Government has created measures to make the pension framework more flexible to the benefit of individual policy holders. This article specifically highlights the rule changes that affect defined contribution schemes. Also available are articles on the general UK pension rules for 2015 and the new UK pension rules for… Read more »

New UK Pension Rules 2015 – Defined Benefit (Final Salary) Schemes

Posted by & filed under Pension rules, UK Pensions.

Following a recent consultation* the UK Government has created measures to make the pension framework more flexible to the benefit of individual policy holders. This article specifically highlights the rule changes that affect defined benefit schemes. Also available are articles on the general UK pension rules for 2015 and the new UK pension rules for… Read more »

Final Salary Pension Transfer Ban?

Posted by & filed under UK Pensions.

Following the widespread changes to pensions announced in the 2014 UK budget people will now have greater flexibility in accessing their retirement savings. However these changes were specifically directed at money purchase (defined contribution) schemes. For those in final salary (defined benefit) pensions little has changed. The majority of these pension amendments are being phased… Read more »

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