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Pensions Timeline

DecemberGovernment response to consultation on Flexible Retirement.more
26 NovemberPensions Act 2008 receives Royal Assent.more
24 NovemberAnnouncement in Pre-Budget Report that both the Lifetime Allowance and Annual Allowance are to be frozen for five years from 2011.more
30 OctoberTPR issues statement to trustees about financial pressures.more
1 OctoberNew Transfer Value Regs will come into effect.more
 TPR guidance on both conflicts of interest and transfer values.more
 SIPPs permitted to hold protected rights.more
21 JulyFinance Act 2008 receives Royal Assent.
30 JuneTPR issues final wind-up approach and guidance.more
5 JuneConsultation published on plans for a new type of scheme to more evenly share risks between employer and the individual; plus, plans to abolish the protected rights ‘survivor’s benefit’ rule. more
20 MayIsle of Man Income Tax (Pensions) Act receives Royal Assent.
9 MayTPR issues 'Occupational DC schemes - Good practice in member retirement options and the open market option'.
25 AprilConsultation published on plans to increase powers of the Pensions Regulator. more
7 AprilGuidance from the Pensions Regulator on multi-employer withdrawal arrangements. more
6 AprilEmployer Debt Regs amended by the Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2008. more
 Amendments to the Provision of Information Regs. more
 Minor amendments to the Internal Dispute Resolution Procedures. more
2 AprilMajor set of amendments to the Registered Pension Schemes Manual. more
20 MarchFinal guidance from the Pensions Regulator on clearance.
17 DecemberGovernment announces further changes to the Financial Assistance Scheme. more
14 DecemberAppointed day under the Pensions Act 2007 (Commencement No. 2) Order 2007 (SI 2007/3512)
5 DecemberPensions Bill published and received first reading in the House of Commons. more
 Amendments made to the Registered Pension Schemes Manual (RPSM) mainly to bring into line with the Finance Act 2007. more
1 NovemberAppointed day under the Pensions Act 2007 (Commencement No. 1) Order 2007 (SI 2007/3063).
16 OctoberIntroduction of mandatory e-filing by HMRC. more
9 OctoberPre Budget Report contains several Simplification aspects more
1 OctoberAmendments to winding-up legislation in force more
26 SeptemberMost of remaining provisions of Pensions Act 2007 in force. more
11 SeptemberTPR publishes draft guidance on clearance. more
26 JulyPensions Act 2007 receives Royal Assent. more
25 JulyDeregulatory Review of Private Pensions published. more
19 JulyFinance Act 2007 receives Royal Assent. more
5 JuneThornton Review of Pensions Institutions published.
3 MayTPR issues guidance on scheme abandonment. more
25 AprilSet of changes to RPSM. more
6 AprilThe Registered Pension Schemes (Standard Lifetime and Annual Allowances) Order 2007 (SI 2007/494) sets the Allowances for tax years 2007/08 to 2010/11. more
1 AprilGN29: Occupational Pension Schemes - Advisors to the Trustees or a Participating Employer version 7.0 takes effect.
31 JanuaryGuidance confirms that an employer contribution will be deductible provided it is "wholly and exclusively" for the purposes of trade. more
25 JanuaryECJ judgment on case Carol Marilyn Robins and Others (Allied Steel and Wire Limited) v Secretary of State for Work and Pensions. more
24 JanuaryTPR Code of Practice No. 10 Modification of subsisting rights in effect. more
18 JanuaryGovernment opts to continue using an expected cost basis for future transfers from defined benefit occupational pension schemes more
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