Latest Countdown Bulletin published

02 September 2019

The latest Countdown Bulletin provides important guidance and updates to pension scheme administrators about the end of contracting-out.

 

Although contracting-out came to an end in April 2016, schemes are still submitting termination and transfer notices with end dates on or after 6 April 2016.

 

The National Insurance Services to Pensions Industry (NISPI) countdown bulletins provide additional guidance for pension scheme administrators to enable them to make sure all individuals contracted-out pension rights are secured correctly.

 

Countdown Bulletin 48 has updates on:

 

  • Final Data Cuts for Ceased Schemes

  • Approach for producing Final Data Cuts

  • Guaranteed Minimum Pension (GMP) Conversion

 

Previous editions of the Countdown Bulletin are also available on GOV.UK.