Welcome to Watson Wyatt's Benefits Hot Topics, your trusted source for the latest benefits news.
Each hot topic has a specific audience, so you can get the information that is relevant to you at a glance, whether you are a trustee of a DB or DC scheme, a HR Director or a Finance Director of a company with DB and DC arrangements.
Audience: Trustee issues DC
24 July 2009
On 22 July 2009, the Pensions Regulator (‘the regulator’) issued a statement targeted at trustees and employers involved in the operation of defined contribution (DC) pension schemes. In this statement, the regulator explained that it believed that both engaged employers and informed decisions at retirement are important elements in helping members achieve a good outcome from their DC pension scheme.
Audience: Trustee issues DB, Trustee issues DC, Corporate HR issues DB, Corporate HR issues DC, Corporate Finance issues DB, Corporate Finance issues DC
6 July 2009
On 3 July 2009, the Government tabled amendments to the Finance Bill 2009 relating to the provisions to restrict higher-rate tax relief on pension contributions (for the period to 5 April 2011) for those with taxable income of £150,000 a year, or more, in the current or either of the two previous tax years. These clauses will be debated at Report Stage in the House of Commons on 7 July 2009.