IDS Pensions Bulletin 237 includes analysis of the transfers both received and paid by 165 occupational pension schemes in their last scheme year. The results show that all but ten of these schemes had had members transfer deferred benefits out and that over 60 per cent of these arrangements had received incoming transfer payments. In addition this issue includes a summary of the Pensions Regulator’s final guidance on scheme member record keeping. This strengthens the Regulator’s previous approach and recommends targets for standards of data and a deadline by which schemes should have addressed any problems.
The 2010 edition of IDS Pensions tax and regulation will be published in August. This pensions handbook looks at the areas of taxation and pensions regulation which support employer pension provision. It covers such subjects as; the 2006 tax regime; the Pensions Regulator; the Pension Protection Fund; the Financial Services Authority and data protection; and dispute resolution.