PPF Oct 2017

PPF Levy 2018, 2019, 2020

The PPF recently published its final proposals for the levy calculation over the next three years. It also announced that it has set its levy estimate at £550m for 2018-19. How will these changes impact on the levy amount for small DB schemes? This is my third blog of 2017 about the PPF levy, reflecting the “interest” […]

consolidation

Small DB or Large DB? That is the question!

The debate on whether there is a crisis for DB pension schemes has shifted focus. The industry is now discussing the need for consolidation of DB schemes and the merits of superfunds to ensure that members receive the full benefits they are expecting. Last month, the DB Taskforce of the Pensions and Lifetime Savings Association (PLSA) […]

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TDC awarded Quality Assurance Scheme accreditation

The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Thomson Dickson Consulting after its successful application for inclusion in the flagship scheme. The QAS is a voluntary accreditation scheme available on application to organisations that employ members of the IFoA.  It is designed for organisations who wish to demonstrate […]

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DB to DC Transfers

The volume of requests for a transfer value statement from members of DB pension schemes continues to rise. For the first nine months of 2017, TDC has received 33% more requests for transfer value statements than in the corresponding period for 2016. We anticipate this increased interest in DB transfers continuing for the rest of […]

TDC DB Oct 2016

Team TDC

Following a few changes to roles and responsibilities over the last few weeks, I am pleased to unveil the new look TDC team. Ok, I accept there are a few old faces in the roles listed below. And speaking personally, I am trying to cope now that I am 50 something!   Actuarial Analysts Neil […]

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TDC Pensions Conference, Aberdeen, 1 June 2017

Small DB or Superfund! Does size matter for DB pension schemes? We are pleased to give you advance notice of our TDC Pensions Conference, to be held on Thursday 1 June 2017 at the Marcliffe Hotel and Spa, Aberdeen. This Conference will focus on the management of small DB pension schemes and discuss the industry proposals for […]

PPF Levy Consultation Mar 2017

Reduced PPF levy for small schemes!

This is the mouth watering headline message from the PPF’s consultation on the proposed changes to the levy calculation for the next three years. In its press release on 23 March 2017, the PPF said “We expect almost two thirds of schemes to see a reduction in levies. Some schemes – particularly some of those […]