2013

Consultation on new governance arrangements for LGPS (England & Wales)

In July 2013 the Department for Communities & Local Government issued a consultation on proposed governance arrangements for the new LGPS 2014.

UCEA response - LGPS new governance arrangements

 

Consultation on the simplification of auto enrolment

In April 2013 the DWP issued a consultation on proposals to simplify the auto enrolment process.  

UCEA - Response to Technical Changes to Auto Enrolment consultation 

DWP response to auto enrolment consultation 2013 

 

Consultation on the design and operation of the new Teachers' Pension Scheme 2015

In May 2013 the Department for Education issued on a consultation on proposals for the scheme design and operation of the new Teachers' Pension Scheme which is due to be implemented from April 2015.

In September 2013 the Department for Education issued a response to their consultation which indicated that a significant number of respondents had raised issues relating to the new TPS including that the scheme did not need to be reformed and that the scheme was currently affordable and fair.  While the government recognises the opposition to the changes to TPS its response to the consultation reiterates that there as already been much discussion and negotiation on the new TPS in line with recommendations made by Lord Hutton.

UCEA Response to Proposals for implementation of the reformed Teachers' Pension Scheme 2015 in England and Wales consultation 

Government response to TPS consultation (May 2013)

 

Consultation on Pensions tax relief - Individual protection from the Lifetime Allowance charge

In June 2013 HM Revenue & Customs issues a consultation covering the detail and implementation of an individual protection regime to accompany the reduction in the pensions lifetime allowance from £1.5 million to £1.25 million from 6 April 2014.

UCEA response - Pensions Tax Relief Individual Protection from the Lifetime Allowance charge

HM Revenue & Customs response to consultation on Pensions Tax relief

 

Consultation on the simplification of auto enrolment

In April 2013 the DWP issued a consultation on proposals to simplify the auto enrolment process.  

UCEA - Response to Technical Changes to Auto Enrolment consultation 

DWP response to auto enrolment consultation 2013

 

Consultation on changes to the regulations affecting pension protection arrangements following a transfer of employment

In February 2013 the DWP issued a consultation seeking views on changes to the regulations that affect pension protection arrangements following a transfer of employment.

UCEA Response to Consultation on The Transfer of Employment (Pension Protection) (Amendment) Regulations 2013

  The Transfer of Employment (Pension Protection) (Amendment) Regulations

 

Consultation on smoothing assets and liabilities

In January 2013 the Department for Work & Pensions (DWP) issued a consultation seeking views on whether to smooth assets and liabilities in scheme funding valuations and whether to introduce a new statutory objective for the Pensions Regulator to consider the long term affordability of deficit recovery plans on the sponsoring employer.

In May 2013 a response to this consultation was issued by the DWP. The response indicated that the vast majority of respondents felt that smoothing was not required due to there being enough flexibility in existing legislation relating to valuations and the setting of discount rates. The response also indicated that the majority of respondents were in favour of the Pensions Regulator being given a new statutory objective.

UCEA - Response to DWP consultation on Pensions and Growth

Government response to Pensions & Growth consultation

 

For other consultations and calls for evidence prior to 2013 please contact Richard Paul or Emelda Nicholroy.

This page was last updated on 28 February 2014