Your Pension Supplement is changing on 1 July Earlier this year we told all Section 1A members (Chicago/ ex-final salary/ Defined Benefit/ DB) that your Pension Supplement would automatically reduce on 1 July 2016 from 21% to 16% of pensionable pay (see news article on 17 Feb… Read more »
Pension Scams Further to our previous news article warning of the risks of Pension Scams (click here) the Pensions Regulator has created a video and ten steps you could consider to protect your Pension, click here to read this article and find out more. … Read more »
The 2016 Budget was announced by the Government on the 16 March 2016. The Chancellor of the Exchequer didn't announce any changes to Pensions tax relief in his 2016 Budget. The main headline for Pensions was the new 'Lifetime ISA'. This initiative is intended to 'help… Read more »
Auto re-enrolment - April 2016 Every three years employers have a legal duty to assess and auto re-enrol eligible employees into their work-based Pension Plan. Many employees were auto-enroled into the Telefónica UK Pension Plan on 1 April 2013. On 1 April 2016 many… Read more »
Following our presentations on the April 2016 Pension Legislation Changes we wanted to make you aware of a new calculator which has been released to help you understand whether you’re likely to be impacted by the changes in your Annual Allowance, (the amount of your… Read more »