Issue 39
On 21 February 2008, the House of Commons’ Standing Committee ended
its debates on the Pensions Bill 2007-08. At the time of going to press, the
dates for the Report Stage had not been announced. During the debates,
the Government rejected a new clause put forward by the Opposition that
would have permitted ‘conditional indexation’. Instead, it announced its
intention to launch a 12-week consultation exercise (starting in June) on
“the various approaches to risk sharing”. It intends to report on the
consultation in the autumn with a view to introducing any changes in a
separate Bill, possibly in the next Parliamentary session. The Opposition has vowed to return to this issue at Report Stage.
Personal Accounts and automatic enrolment
A summary of the more interesting
points raised by the House of
Commons’ Committee on the
Pensions Bill.
Read more
Scheme governance
The Pensions Regulator has published
final guidance for employers on the
governance of contract-based
schemes and draft guidance for
trustees on conflicts of interest.
Read more
Government’s
responsibility
for failed
pension
schemes
The Court of Appeal has delivered
its ruling on the Government’s
rejection of the Parliamentary
Ombudsman’s report.
Read more
News
roundabout
A summary of other developments
relating to pensions.
Read more
For further information on any of the items included in Pensions News Filter, please contact your usual Watson Wyatt consultant.
The articles in Pensions News Filter are of general interest and guidance. Action should not be taken on any specific article without taking specific advice. Watson Wyatt is represented in the UK by Watson Wyatt Limited. Authorised and regulated by the Financial Services Authority.
|
All Articles