DLA Piper’s legal director Craig Looker explains how corporate transactions will be affected by the Pensions Regulator's new powers and what is expected from sponsors and schemes’ trustees.
Technical view: The reduced annual allowance – difficulties and issues
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November 23, 2011
The annual allowance (AA) was reduced on April 6, 2011 from £255,000 to £50,000. As might be expected, this will cause some practical issues.