Retirement Planner - Pension calendar

FSA consultation paper on with-profit funds – compensation and redress closes
31 September
Treasury consultation on 'Financial stability and depositor protection: special resolution regime' closes
5 September
HMRC consultation on the taxpayers charter closes
11 September
The Pensions Regulator's consultation on its draft guidance covering the calculation of transfer values for defined benefit schemes closes
19 September
International Accounting Standards Board consultation on amendments to ISA 19 'Employee Benefits' closes
26 September
FSA consultation on strengthening financial stability and depositor protection closes
30 September
DWP responds to consultation on flexible retirement (age discrimination and pensions)
September

New basis for calculation of transfer values from defined benefit schemes
1 October
Legislation allowing self-investment of protected rights in SIPPS comes into force
1 October
Pensions Bill amendments for Lords Report stage published
3 October
Parliament returns from recess
6 October
Pensions Bill goes into the Lords report stage
7 October
Pensions Bill finishes in the Lords report stage
9 October
The Pension Regulator's consultation on record-keeping closes
15 October
Personal Accounts Delivery Authority to consult on investment
October
FSA consultation on Regulatory fees and levies for 2009/2010 closes
October
FSA to publish a discussion paper on consumer responsibility
October

Pensions Bill given Royal Assent
October/ November
Personal Accounts Delivery Authority moves from an advisory body to having executive powers
October/ November
Treasury feedback to the Myner's consultation
October/ November
FSA publishes results of review into PP and SIPP transfers
October/ November
DWP to publish research on means-tested benefits and pensions reform
October/ November
The Pensions Regulator to issue good practice guides on investment and member communication
October/ November
European Commission consultations covering the funding aspects of IORPS
October/ November

FSA feedback statement on the Retail Distribution Review
November
Committee of European Insurance and Occupational Pension Supervisors delivers Solvency 2 QIS 4 report to the European Commission
November

Queens Speech
3 December
European Commission concludes negotiations on Framework Directive on Solvency 2
December
FSA: treating customers fairly – all firms must demonstrate through hard management information they are consistently treating customers fairly
December

Personal Accounts Delivery Authority to consult on scheme rules
Early 2009
Personal Accounts Delivery Authority to consult on decumulation
Early 2009
Personal Accounts Delivery Authority to give feedback to the Government about the charges consultation
Early 2009
DWP Green paper looking at the provision of long term care
Early 2009
FSA consultations on various aspects of the Retail Distribution Review
Early 2009
S2P upper earnings band and contracted-out rebates frozen
6 April 2009
Deadline for registering Primary and Enhanced Protection with the HMRC
6 April 2009
DWP lifts the restrictions on safeguared rights for pensions
April 2009
DWP regulations on GMP conversion comes into force
April 2009
New rules following the FSA's Retail Distribution Review come into force
Late 2009

Minimum pension benefit age rises to age 55
April 2010
Phased increases in females' State Pension Age from 60 to 65 starts
6 April 2010
Number of qualifying years for a full basic state pension reduces to 30
6 April 2010
Tax threshold increases to £10,000 for over 75s
April 2011
Introduction of earnings-related link for basic state pensions
April 2012
Introduction of pensions reform, including personal accounts
April 2012
End of DC contracting out and abolition of protected rights
April 2012
European Union moves to new Solvency 2 regime
During 2012
Government to report on the operation of the Pensions Act 2007
2014

Information supplied courtesy of AEGON Scottish Equitable

Pension calendar