News
8th March 2021 – Lifetime Allowance frozen
In the Budget on March 3rd 2021 the Chancellor announced that the Lifetime Allowance (LTA) – the maximum amount (of pension plus lump sum) that can be drawn from a…27th January 2021 – Government launches consultation on climate risk
A policy consultation response and Consultation on regulations entitled Taking action on climate risk: improving governance and reporting by occupational pension schemes was launched today and runs until 10th March…11th February 2021 – Government launches consultation on minimum pension age
A consultation entitled Increasing the normal minimum pension age: consultation on implementation was launched on 11th February and runs until 22nd April 2021. The consultation proposes that the minimum pension…11th February 2021 – Pension Schemes Bill receives royal assent
The Pension Schemes Bill has now received royal assent and becomes the Pension Schemes Act 2021. Elements which will impact on the LGPS include Climate risk reporting and the pensions…
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