The Pension Schemes Act 2015 offers up the prospect of new scheme designs
The Pension Schemes Act 2015 seeks to do three main things:
- Make changes to legislation sponsored by the Department for Work and Pensions (DWP) to assist the pension tax freedoms introduced in the Taxation of Pensions Act 2014
- Create a regulatory space for schemes that share risk between members and other parties
- Enable new schemes to be set up that share risk between members
Our guide, published shortly after the Pension Schemes Act received Royal Assent, helps trustees, employers and scheme managers understand the legislation and the actions that they may need to take.
Speak to our expert David Everett for more information
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