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So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers
By Venilia Amorim2021-04-23T09:09:00+01:00
The Association of Professional Pension Trustees (APPT) has written to the Institute of Chartered Accountants in England and Wales (ICAEW) expressing membership concerns about the amount of time and resource required to respond to enquiries about pension schemes from auditors of companies sponsoring pension schemes.
Nita Tinn, APPT chair, said: “The APPT has written to the ICAEW expressing concerns about information requests from the auditors of pension scheme sponsors. These requests are often excessive and seem to disregard both the regulatory framework within which pension schemes operate and the legal relationship between pension schemes and their sponsors.”
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