Pensions

Pensions guidance:

Following two periods of consultation (the first in 2015 and the second in 2016), the government decided to: • cap the value of public sector exit payments to £95,000...

Practice Note

What is the Local Government Pension Scheme? The main pension scheme for local authorities is the Local Government Pension Scheme (LGPS). The LGPS is a statutory, public...

Practice Note

The Best Value Direction The government’s ‘Fair Deal’ policy was first introduced in 1999 and set out how pensions issues should be dealt with when staff are compulsorily...

Practice Note

The Local Government Pension Scheme (LGPS) is a statutory, public-service pension scheme for local government and related employees in England and Wales. The provisions...

Practice Note

This Practice Note relates to the Local Government Pension Scheme (LGPS) benefits accrued from 1 April 2014. It may be necessary to refer also to the Practice Note on the...

Practice Note

What is the Teachers’ Pension Scheme? The Teachers’ Pension Scheme (TPS) is a statutory, public service pension scheme for members of the teaching profession in England...

Practice Note

This Practice Note relates to LGPS benefits accrued to 31 March 2014 and remains relevant to benefits accrued up to that date (which remain linked to final salary for...

Practice Note

FORTHCOMING DEVELOPMENT: On 11 September 2019, the Department for Health and Social Care (DHSC) launched a consultation on proposals to increase the flexibility of senior...

Practice Note

What is the Teachers’ Pension Scheme? The Teachers’ Pension Scheme (TPS) is a statutory, public service pension scheme for members of the teaching profession in England...

Practice Note

FORTHCOMING DEVELOPMENT: The Pensions Regulator (TPR) announced that it intends to review its codes of practice over the next year to reflect the Occupational Pension...

Practice Note