Overview

This month’s update from Norton Rose analyses the coalition Government’s consultation on its alternative approach to pension tax relief for high earners, the DWP’s consultation on the abolition of contracting-out for defined contribution benefits, and proposals to scrap the default retirement age.

Full contents:
• Reminder: trustee decisions to be addressed before 6 April 2011 - pre-A Day limits rules and payments and refunds of surplus to a sponsoring employer
• HM Treasury publishes discussion document on alternative approach to restriction of pension tax relief
• DWP consults on abolition of DC contracting-out
• Government launches consultation on phasing out the default retirement age
• TPR publishes statement on proposed indexation change
• TPR issues statement on regulated apportionment arrangements
• TPR to decide on third FSD in September
• TPR publishes annual report and accounts for 2009/10
• Pensions Ombudsman and PPF Ombudsman publish annual reports and accounts for 2009/10
• Equality Act 2010 - guidance published by EHRC
• DWP consultation on regulations to implement change to CPI for FAS and PPF
• Legislation
• Cases

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