Author: Great Britain. Parliament. House of CommonsPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Pensions. A Bill to Amend the Law Relating to Occupational and Personal Pension Schemes ; to Provide for the Appointment of Trustees by Scheme Members ; to Provide Greater Protection for the Interests of Scheme Members ; and for Connected Purposes
Author: Great Britain. Parliament. House of CommonsPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Pensions Bill
Author: Great Britain: Parliament: House of LordsPublisher:
ISBN: 9780108418617
Category : Political Science
Languages : en
Pages :
Book Description
Brought from Commons on 21st May 2004
HCB 12 - Pension Schemes Bill
Author: Great Britain: Parliament: House of CommonsPublisher: The Stationery Office
ISBN: 0215071166
Category : Social Science
Languages : en
Pages : 48
Book Description
The Pension Schemes Bill introduces new definitions to the legislative framework for private pensions based on the type of promise that pension schemes provide for members during accumulation. The current legislation is based on a binary structure between money purchase schemes, which offer no certainty over retirement benefit, and nonmoney purchase schemes, which have traditionally offered salary related pension benefits. The non-money purchase scheme category can cover a range of different pension benefit designs that offer varying degrees of certainty over benefit. However, the legislation is often perceived as offering two main options, and much existing legislation is written on the basis of a polarity between these options. The Bill will thus define three categories of pension scheme based on the different types of promise offered to members during the accumulation phase about their pension savings when they come to access them (also termed decumulation). This promise will either refer to all of the benefits (defined benefits), some of the benefits (shared risk), or there will be no promise (defined contributions). The Bill also includes measures to enable the provision of collective benefits. Collective benefits are provided on the basis of allowing the scheme's assets to be used in a way that pools risks across the membership.
Pensions Bill
Author: Great Britain: Parliament: House of CommonsPublisher:
ISBN: 9780215703552
Category : Business & Economics
Languages : en
Pages : 250
Book Description
The Bill is in seven parts and includes provisions to: i) establish a non-departmental public body called the Pensions Regulator to replace OPRA. This will take over responsibility for regulation of occupational pensions and specific functions of personal pensions and stakeholder pensions, as well as assume new functions including referring determinations to a Pensions Regulator Tribunal; ii) create a new Pension Protection Fund (PPF) to provide compensation for members of occupational pension schemes in cases where insolvent employers leave insufficient pension funds; iii) introduce a new explicit ministerial function to promote and facilitate financial retirement planning, including powers to require employers to provide pension planning advice access for employees in the workplace; and iv) provide greater flexibility and simplicity in pension scheme administration and greater clarity in existing pensions law.
Pensions (Winding-up) Bill a Bill to Provide for the Distribution of the Assets of Pension Schemes on Winding-up and the Duties of Trustees in Relation Thereto; to Make Provision Relating to the Fees Chargeable in Relation to the Process of Winding-up a Pension Scheme; to Establish Arrangements for a Compensation Scheme for Certain Members of Occupational Schemes, Including for the Establishment of a Levy on Pension Schemes; and to Establish a Review of the Status of Pensions-related Liabilities in Insolvency; and for Connected Purposes
Author: The Changing Role of the Occupational Pension Scheme Trustee
Author: Andrew ThomasPublisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 96
Book Description
Pensions Bill
Author: Great Britain: Parliament: House of CommonsPublisher:
ISBN: 9780215801289
Category :
Languages : en
Pages : 65
Book Description
The Bill is in seven parts and includes provisions to: i) establish a non-departmental public body called the Pensions Regulator to replace OPRA. This will take over responsibility for regulation of occupational pensions and specific functions of personal pensions and stakeholder pensions, as well as assume new functions including referring determinations to a Pensions Regulator Tribunal; ii) create a new Pension Protection Fund (PPF) to provide compensation for members of occupational pension schemes in cases where insolvent employers leave insufficient pension funds; iii) introduce a new explicit ministerial function to promote and facilitate financial retirement planning, including powers to require employers to provide pension planning advice access for employees in the workplace; and iv) provide greater flexibility and simplicity in pension scheme administration and greater clarity in existing pensions law.
Journals of the House of Commons
Author: Great Britain. Parliament. House of CommonsPublisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 1008
Book Description
Parliamentary Debates (Hansard).
Author: Great Britain. Parliament. House of CommonsPublisher:
ISBN:
Category : Great Britain
Languages : en
Pages : 1068
Book Description
MEWAs, multiple employer welfare arrangements under the Employee Retirement Income Security Act (ERISA)
Author: Publisher:
ISBN:
Category : Electronic government information
Languages : en
Pages : 80
Book Description