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 […]

DWP Green Paper Feb 2017

Is there a DB pensions crisis?

No, according to the Pensions Regulator in their contribution to the Department for Work and Pensions (DWP) Green Paper on “Security and Sustainability in Defined Benefit Pension Schemes”, published at the end of February 2017. “The available evidence does not appear to support the view that these pensions are generally unaffordable for employers. While DB […]


Top 5 for DB Pension Schemes

What are the top 5 issues that trustees and employers with DB pension schemes will have to deal with in 2017? At the TDC Pensions Conference in November 2016 we asked the audience this question. Our audience was made up of employers and trustees who manage DB pension schemes and also a variety of professional advisers, […]

221 WGS

TDC has moved office!

On 21 December 2016, we moved into our new office at 221 West George Street, Glasgow, G2 2ND. After nearly 10 years, TDC had outgrown its office at 45 West Nile Street and it was the right time to move. The new office provides more space for our current staff, all 17 of us, and has […]


A Heavy Levy

The PPF is finalising its rules for the 2017-18 levy. Does this mean another heavy burden for the sponsoring employers who have to pay the levy? On 15 December 2016, the PPF published a final draft of its rules for the 2017-18 levy. This levy, likely to be invoiced in September this year, is the third year […]


The Transfer Window

Will higher transfer values lead to more members moving their benefits out of DB pension schemes? The summer transfer window closed on 31 August and Premier League football clubs reported record levels of transfer activity. A greater number of player transfers and ever higher transfer values. A similar picture is emerging with defined benefit (DB) […]