In this episode of Hymans Robertson On... Kirsty Moffat, Senior DC Investment Consultant, presents our latest DC quarterly round-up. In this instalment, Kirsty discusses:

• The Spring Budget and the main takeaways
• The Retirement Living Standards (or the RLS)
• Abolition of the lifetime allowance
• The General Code of Practice

Related Content

If you have any questions, please don't hesitate to get in touch. 

Further details on the Spring Budget can be found in our 60 second summary.

Our analysis on how different combinations of contribution rate and salary impact the chance of achieving the new RLS for an early career member today can be downloaded here: Helping members achieve their retirement goals - Hymans Robertson. 

Further details on the PLSA’s Retirement Living Standards can be found here: Home - PLSA - Retirement Living Standards.

Existing exemptions and rules regarding the overseas transfer charge are linked here. 

The General Code can be accessed here: TPR general (single) code of practice | The Pensions Regulator

Disclaimer

This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at the date of issue. It is designed to be a general summary of topical matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. 

The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. 

Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.