DWP presses on with s75 debt reprieve, and contracted-out and DC transfer measures

James Phillips
clock • 3 min read

Defined contribution (DC) and contracted-out rights will be allowed to be transferred without member consent under regulations soon to be introduced.

Also, sponsors of multi-employer schemes will get some reprieve as a new debt arrangement is introduced to alleviate the immediate section 75 burden often faced when ceasing to be an active employe...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

List: The DC and DB benefits being targeted for IHT purposes from 2027

List: The DC and DB benefits being targeted for IHT purposes from 2027

Treasury docs reveal the extent of plans to include pension death benefits in IHT regime

Professional Pensions
clock 30 October 2024 • 1 min read
PPF publishes s143 valuation assumptions consultation response

PPF publishes s143 valuation assumptions consultation response

PPF confirms ‘marginally overfunded’ schemes will be able to use discount rate for s143 valuations

Martin Richmond
clock 29 October 2024 • 2 min read
Work and Pensions Committee membership appointed

Work and Pensions Committee membership appointed

Seven Labour, two Lib Dems and one Tory to serve on WPC with one vacancy left to fill

Jonathan Stapleton
clock 29 October 2024 • 1 min read
Trustpilot