This Practice Note looks at the problem areas surrounding the interaction between the statutory, scheme-specific pension funding regime under the Pensions Act 2004 (PeA 2004) and the employer contribution rule of a pension scheme, in particular the extent to which legislation overrides the scheme rules (and vice versa). This Practice Note makes particular reference to the British Vita case, the Allied Domecq case and the Pilots case.
This Practice Note looks at issues relevant to multi-employer schemes under the Pension Protection Fund (PPF). It considers how multi-employer schemes are treated differently to single-employer schemes and looks briefly at the key legislation applicable to such schemes for PPF purposes.
This Practice Note looks at how pension schemes can legitimately reduce the risk-based levy payable to the Pension Protection Fund (PPF) each year. It also looks briefly at the important deadlines for submission of information to the PPF in order to reduce the risk based levy.
This Practice Note looks at the pension funding legislation (also known as the scheme-specific funding (SSF) regime) applicable to defined benefit occupational pension schemes, as prescribed by the Pensions Act 2004 and the Occupational Pension Schemes (Scheme Funding) Regulations 2005, SI 2005/3377. In particular, it looks at the requirements of the SSF regime including the statutory funding objective, the statement of funding principles, the actuarial requirements, the recovery plan, the schedule of contributions, and the disclosure requirements.
If you expected to see yourself on this page, click here.
0330 161 1234