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December 2009
This Technical Note sets out the basis for calculation of the 2010-11 PPF levies.
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August 2009
Personal Accounts are due to be introduced from 2012. This Technical Note sets out the background to their introduction and gives details of the ongoing consultation process.
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December 2008
This Technical Note sets out the basis for calculation of the 2009-10 PPF levies and outlines the PPF's proposals for changes to the levy from 2011-12 onwards.
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November 2008
There is a requirement for trustees to have appropriate knowledge and understanding of a range of issues relating to pension schemes. This Technical Note provides detail of the subjects and associated scheme documents with which trustees should be familiar.
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October 2008
Over recent years there has been a number of changes to the rules governing trivial commutation. This Technical Note sets out the circumstances under which members can exchange small pension benefits for a one-off lump sum.
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September 2008
The trustees of occupational pension schemes have responsibility for the management of their members' AVC arrangements. This Technical Note considers the option of assigning the AVCs from the trustees to the members, often considered as part of a more general exercise by trustees to tidy up their scheme.
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August 2008
The framework for calculating scheme transfer values changed from 1 October 2008. This Technical Note summarises the trustees' new responsibilities for deciding on the basis to be used to calculate 'best estimate' transfer values. Technical Note Updated October 2008
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July 2008
A growing number of employers are considering exercises that will reduce or remove the liabilities of their pension scheme. This Technical Note provides some detail on the popular exercise of offering enhanced transfer values to non-pensioner members.
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June 2008
Following the publication by the PPF of the final scheme multiplier and scaling factor to be used in the calculation of the PPF levy for 2008-09, we have updated our December 2007 Technical Note to summarise all levies to be paid by relevant schemes in the current year.
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May 2008
In October 2008, the Pensions Regulator published final guidance relating to conflicts of interest in work-based pension arrangements. This Technical Note provides a summary of the principles for identifying, monitoring and managing conflicts.
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April 2008
In March 2008, the Government published a consultation document proposing a framework which updates the Myners principles, aiming to improve trustee investment decision-making and governance. This Technical Note provides a summary of the proposed new principles.
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March 2008
The Pensions Act 2004 introduced new requirements for schemes to have Member Nominated Trustees. This Technical Note outlines these requirements and the associated Code of Practice issued by the Pensions Regulator.
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February 2008
This Technical Note provides a summary of the risk review process that trustees could undertake in order to determine what internal controls are required to ensure the scheme is well managed.
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January 2008
Following recent guidance from the Actuarial Profession, Scheme Actuaries are encouraging trustees to review the factors used to convert annual pension benefits to a cash lump sum upon reaching retirement. This Technical Note provides background information on the application of commutation factors and considers some of the issues relevant in any review of these factors.
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December 2007
The method and factors used for the calculation of the PPF levies for 2008-09 are changing from those used for the 2007-08 levies. This Technical Note details the changes and highlights the actions companies and trustees can take to minimise the amount of their levies.