Atkin trustees, actuaries, consultants & administrators

Current Issues - January 2017

Future of DB Schemes: This is a follow up to our December alert with the Work & Pensions Committee proposing a wide range of far reaching changes to the pensions framework and legislation. An opportunity to respond will be available when the Green Paper is issued later this year, at which point we will be canvassing opinion so please let us know your thoughts.

21st Century Trusteeship: TPR intends to carry out a targeted education and enforcement drive aimed at trustees. Although it is not clear what form this might take, it might be sensible to have another look through the Trustee Toolkit and make sure that you are aware of any new material that has been posted since you last visited.

PPF Levy: The PPF has issued its ‘provisional’ levy determination for 2017/18 which is largely unchanged from 2016/17, however levies for the year are likely to be increased for many schemes due to increases in underfunding. The deadlines for submitting new information to the PPF is 31 March 2017 and for certifying deficit reduction contributions is 28 April 2017.

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I have worked with Atkin & Co for many years and with Angela Norman in particular. My experience is that they are very professional and well organised, demonstrating a high level of integrity in the work they do and the information that they supply. Always helpful, Atkin & Co adopt a pragmatic approach to resolving problems if they arise.

Peter Wilkes, Harben Barker