Kenneth Auld consulting actuary at HSBC Actuaries and Consultants Limited looks at the actuarial issues arising out of the pensions 'White Paper' published earlier this year
The Command Paper issued by the Department for Work and Pensions on 11 June 2003 contains a raft of reforms (see the Appendix to this article) and heralds a new environment for defined benefit occupational pension schemes. One of the measures despite being contained only in draft regulations is also effective immediately. Other changes will not take effect before April 2005.
Appendix 1 — White Paper Reforms
Simplification
● Scheme-specific funding requirement to...
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Kenneth Auld consulting actuary at HSBC Actuaries and Consultants Limited looks at the actuarial issues arising out of the pensions 'White Paper' published earlier this year
The Command Paper issued by the Department for Work and Pensions on 11 June 2003 contains a raft of reforms (see the Appendix to this article) and heralds a new environment for defined benefit occupational pension schemes. One of the measures despite being contained only in draft regulations is also effective immediately. Other changes will not take effect before April 2005.
Appendix 1 — White Paper Reforms
Simplification
● Scheme-specific funding requirement to...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")