Fund news
This section is updated regularly with news items that relate to the Nottinghamshire
Pension Funds.
Latest fund news items
Changes to the Tax Controls on Pension Savings
The Local Government Pensions Committee (LGPC) has produced a leaflet on the changes to tax controls on pension savings.
Employers submit proposals to Secretary of State regarding the LGPS
The Local Government Group (the employers) has wriiten to the Secretary of State for Communities and Local Government setting out their prospoals for the LGPS. In developing their proposals, they flag the importance of trying to balance fairness and affordability to employees and affordability for the tax payer.
Our Actuaries publish a briefing note on the Hutton Report and the 2011 budget
Our Actuaries, Barnett Waddingham have produced a public sector briefing note on Lord Hutton's final report on the work of the Independent Public Service Pensions Commission .
March 2010 Actuarial Valuation report is published
Our Actuaries Barnett Waddingham publish the Nottinghamshire County Council Pension Fund Actuarial Valuation Report as at 31 March 2010.
Lord Hutton publishes his final report into the structure of Public Services Pensions
On 10th March 2011 the final report was published which sets out Lord Hutton’s recommendations to the Government following his review of public service pension provisions including the Local Government Pension Scheme (LGPS)
Restricting Pensions Tax Relief - Changes that apply from April 2011
The Government has announced plans to change the tax limits applying to pensions from April 2011.
Our Actuaries issue a press release to counter claims that the deficit in the LGPS has reached £100bn
Our Actuaries Barnett Waddingham, issue a press release to counter claims that the deficit in the Local Government Pension Scheme (LGPS) in England and Wales had more than doubled in the past three years to £100bn.
The Autumn 2010 issue of the Nest Egg newsletter is published
The Autumn 2010 issue of the Nest Egg newsletter is published
Pension fund actuary Barnett Waddingham publish pensions tax relief briefing note
The pension fund's actuary Barnett Waddingham have published a briefing note on the Government's proposals on restricting tax relief on pensions.
The Government has announced restriction on pension tax relief
On the 14th October the Government announced changes to the amount that people can pay into their pension pot every year and still receive tax breaks.