Today, the Work and Pensions Select Committee (WPSC) published the response by the Department for Work and Pensions (DWP) to their report on defined benefit pension schemes.
We’re celebrating two years of our partnership with Lives Not Knives, and our colleagues reaching over 500 days of volunteering for a second consecutive year.
Today, the Department for Work and Pensions have published their response to the 'Options for Defined Benefit schemes' consultation which ran last year.
Use the easy Benefit Modeller tool on our member website to find out how much you can expect to receive if you choose to start your payments early, late or when they were due from your original pension scheme.
The levy scaling factor (LSF) has been reduced to 0.48 The scheme based levy remains at 0.000021 x unstressed liabilities The risk based levy cap has been reduced to 0.5% (0.005000) x unstressed liabilities
The Pension Protection Fund (PPF) has today published its Strategic Plan 2022 – 2025, setting out its vision for the next three years, and building on the strong foundations already established.
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