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Stronger Nudge to Pensions Guidance
11/05/2022 Regulation Changes

The Government is introducing legislation to ensure that individuals are made aware of Pension Wise guidance as part of the application process for taking or transferring their defined contribution (DC) pension savings. The aim is to protect people by helping them make informed decisions.

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Revocation of 95k Cap
22/03/2021 Regulation Changes

On Friday 12th February 2021 the government issued the Exit Payment Cap Directions 2021 which disapply parts of the Restriction of Public Sector Exit Payments Regulations 2020 in England with immediate effect.

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Public sector exit cap no longer applies
18/02/2021 Regulation Changes

The Government has confirmed that, due to unintended consequences, the public sector exit cap will not apply to exits from 12 February 2021.

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Government Implements £95K Cap on Exit Payments
23/11/2020 Regulation Changes

The legislation implementing the £95k cap on exit payments has now been signed and comes into force on 4 November 2020. This means that there will be a limit on the amount of costs for early retirement due to redundancy.

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