Pension schemes newsletter 114 – October 2019
05 November 2019
The latest pension schemes newsletter has been published by HMRC’s Pension Scheme Services to provide updates to stakeholders.
Within this edition, there is a reminder to any scheme administrators who are yet to submit their annual returns for 2018-2019 to ensure that they use the correct forms, and the relevant links are provided. The reminder was prompted by the increase in the number of annual returns failing upon submission as a result of incorrect templates being used. The documents held on GOV.UK are the latest versions so they should be utilised instead of any templates saved from previous years as changes have probably been made.
The newsletter provides articles on the following topics:
- Registration statistics
- Pension flexibility statistics
- Pension scheme administration – moving pension recipients from one payroll to another
- Relief at source
- Guaranteed Minimum Pension (GMP) equalisation
- Annual allowance – GOV.UK guidance on ‘scheme pays’
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.