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| 1 December | Remainder of age discrimination legislation in force more |
| 22 November | TPR Codes of Practice No. 8 Member-nominated trustees and No. 9 Internal controls in effect. more |
| 6 November | GN51: Retirement Benefit Schemes: Modification of Subsisting Rideouts without Consent version 1.1 takes effect. |
| 1 October | Age discrimination legislation to come into force. more |
| 30 August | Significant update to Registered Pension Schemes Manual (RPSM). more |
| 14 August | Government drops plans for new Disclosure Regulations. more |
| 24 July | Occupational Pension Schemes (Winding up Procedure Requirement) Relations 2006 in force. more |
| 29 July | GN28: Retirement Benefit Schemes: Adequacy of Benefits for Contracting Out version 2.1 in effect. |
| 19 July | Finance Act 2006 receives Royal Assent. |
| 14 June | The Occupational Pension Schemes (Contracting-out) (Amendment) Regulations 2006 provides for the payment of a lump sum instead of a guaranteed minimum pension where the payment qualifies as a serious ill-health lump sum payment. more |
| 30 May | Four TPR Codes of Practice brought into effect: No.4 Early leavers; No. 5 Reporting late payment of contributions to occupational money purchase schemes; No. 6 Reporting late payment of contributions to personal pensions; and No. 7 Trustee knowledge and understanding. more |
| 8 May | TPR issues statement on funding trigger points. more |
| 6 April | 'A' Day: new simplified pensions tax regime (FA 2004) came into force. |
| | Most remaining un-commenced provisions of Pensions Act 2004 also came into force (eg. new MNT rules, new early leaver rights; requirement for employers to consult on major scheme changes; new s.67 (scheme modification); requirement for trustees' knowledge and understanding; fewer restrictions on contracted-out benefits). |
| 22 March | HMRC issues guidance on "recycling" of pension commencement lump sums. more |
| 15 February | TPR Code of Practice No. 03 on funding defined benefits in force. more |
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| 30 December | Several SIs in force including Scheme Funding and Investment regulations in force. more |
| | GN11: Retirement benefit scheme: Transfer values version 9.2. |
| 5 December | Government dramatically withdraws the option for SIPPs to invest in residential property from A-Day. more |
| | Civil Partnership Act 2004 in force. more |
| 23 September | Deadline for implementation of EC Pensions (IORP) Directive (Member States may delay the application of certain Articles to schemes operating purely within their own jurisdiction until 23 September 2010. These cover limits on self-investment and a requirement for schemes which themselves (rather than the sponsoring employer) guarantee the liabilities, to retain a safety buffer); new scheme-specific funding requirements in Pensions Act 2004 to begin to be phased in. |
| 1 September | Financial Assistance Scheme (FAS) in operation. |
| 27 April | Pension Liberation Regs (SI 2005/992) come into force (laid on 6 April) more |
| 21 April | New Deemed Buy-back Regs (SI 2005/891) in force more |
| 15 April | PPF issues guidance for actuaries on valuations more |
| 11 April | New Independent Trustee Regs in force more |
| | Fourth Pensions Act 2004 Commencement Order published more |
| 8 April | Finance Act 2005 officially published more |
| 6 April | Finance (No. 2) Bill introduced into (and rapidly passed by) Parliament more |
| | First two Codes of Practice under Pensions Act 2004 issued by TPR: on Reporting Breaches and Notifiable Events more |
| | New Employer Debt (SI 2005/678) and Winding-up (SI 2005/706) Regs come into force more |
| | Commencement date for many provisions of Pensions Act 2004: The Pensions Regulator (TPR); Pension Protection Fund (PPF); State pension deferral; TUPE; LPI; adoption & paternity leave. |
| 4 April | The Pensions Regulator (Notifiable Events) Regs (SI 2005/900) and the ‘moral hazard’ (Contribution Notices and Restoration Orders) Regs (SI 2005/931 published; to come into force two days later more |
| 1 April | The Occupational Pension Schemes and Pension Protection Fund (Amendment) Regs (SI 2005/993) come into force, having been laid the day before (but not published until 6 April); they amend eight SIs only recently created themselves more |
| 31 March | Pension Schemes Registry ceases to exist; functions split between The Pensions Regulator (levy collection) and DWP (pension tracing service) more |
| 29 March | IR SPSS issues Pensions Updates Nos 150 (Pre-A Day avoidance); 151 (Corresponding Relief); 152 (Overseas Transfers); and 153 (Permitted Maximum) more |
| | Pension Protection Fund (PPF) issues guidance for trustees more |
| 24 March | Finance Bill 2005 published more |
| | DWP consultations launched on new scheme funding arrangements (to replace MFR); investment regs; Pensions Act requirements for trustee knowledge and understanding; and Civil Partnership rules more |
| 23 March | LPI, Levies, PPF entry rules and other Regs laid (SIs 2005/590, 704, 824, 825 & 842) more |
| 21 March | Ten SIs laid under Pensions Act, mostly concerning the PPF (SIs 2005/339, 599, 600, 669, 670, 672, 674, 675, 690 & 695) more |
| 16 March | Budget confirms Earnings Cap for 2005/06 at £105,600 (SI 2005/720) and aligns cap on FR for 87/89 members (formerly £100,000) (SI 2005/723) more |
| | More Pensions Act Regs: SIs 2005/469, 616, 626, 649, 650, 652) more |
| 14 March | Five new sets of pensions regs laid by DWP (SIs 2005/521, 522, 555, 577, 597) more |
| 10 March | State Pension deferral under Pensions Act 2004: three sets of Regs laid (SIs 2005/453, 454 & 455) more |
| | Revenue issues new draft of Finance Act 2004 Regs more |
| 9 March | Regs (SI 2005/449) detailing how the PPF rules will apply to hybrid schemes more |
| 8 March | Government announces some details about the Financial Assistance Scheme more |
| 2 March | Regs (SI 2005/441) detailing how the PPF rules will apply to multi-employer schemes more |
| 16 February | IR SPSS publishes a Technical Note briefly describing a package of 49 changes to the simplification provisions in the Finance Act 2004 more |
| 15 February | The Actuarial Profession updates GN 19 (Retirement Benefit Schemes - Winding-up and Scheme Asset Deficiency) - v4.5 more |
| | Explanatory Notes to Pensions Act 2004 published more |
| | Opra issues Bulletin 33 (online only), including details of plans for Codes of Practice under Pensions Act 2004 more |
| | New Winding-up Regs impose full buy-out debt on insolvent employers (SI 2005/72) more |
| 10 February | 2005 Low Earnings Threshold and Revaluation of Earnings Factors (s.148 Orders) issued more |
| 9 February | Second Pensions Act 2004 Commencement Order (SI 2005/275) made more |
| 4 February | Opra publishes final version of ‘scope guidance’ on the knowledge that trustees will be required to have, under the Pensions Act 2004 more |
| 1 February | The Actuarial Profession issues new version of Technical Memorandum TM1 (which governs SMPIs); effective from 5 April 2005 more |
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