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Public sector pensions remedy (McCloud) changes to benefits from 1 October 2023 – implications for Pensions on Divorce settlement

| Pensions on Divorce, Public Sector Pensions | No Comments
The purpose of this blog is to point out one aspect of the changes taking place for most Public Sector Schemes from 1 October 2023 and as a result of...

Change to the discount rate used by public sector pensions – implications for settlement

| Public Sector Pensions | No Comments
On 30 March 2023, the Government announced that the SCAPE discount rate, that is the discount rate used by the Government Actuary’s Department (GAD) for calculations in relation to the...

Public Sector Pensions Remedy – How concerned should you be?

| Public Sector Pensions | No Comments
In April 2015, most public sector pension schemes were reformed largely due to the cost to the government of continuing to operate the existing “legacy” public sector schemes. The new...

Market Movements – What these may mean and what you should watch out for

| Pensions on Divorce, Private Sector Pensions, Public Sector Pensions | No Comments
An important area of concern when dividing up pension rights fairly for divorce settlement purposes has been the large recent changes in inflation, with the Consumer Prices Index (CPI) nearing...