Pensions resources

Briefings, blogs and more.



Briefing on Isle of Man Local Government Superannuation Scheme 2012   info
Isle of Man Local Government pension briefing

FLA annual allowance – PowerPoint presentation   info
A detailed briefing on the calculation of the annual allowance charge for members of the Firefighter Pension Schemes. This includes important information about accrual in the Firefighter Pension Schemes, the annual allowance charge and scheme pays calculations. There is also an example calculation.

FLA lifetime allowance: PowerPoint presentation   info
A PowerPoint presentation the calculation of the lifetime allowance charge for members of the Firefighter Pension Schemes. This includes an explanation of the LTA charge with an example. Disclaimer: The contents of this email contains information only and does not constitute financial or pensions advice. Prospect is not authorized or regulated under the Financial Services and Markets Act 2000 to provide financial advice. Information provided should not be relied upon and should be checked with a financial advisor or scheme administrators before making important financial decisions.

EU agreement on state pension qualification   info
Outline of current EU policy

State Pension Age review – initial summary of review papers   info
A brief summary of the contents and recommendations made in the two reviews into the future of the State Pension Age.

Briefing on Government Green Paper – security and sustainability in defined benefit pension schemes   info
A summary of the positions expressed and points raised in the Government consultation document

Age discrimination in the judges' and firefighters' pension schemes   info
An update on the Employment Tribunal decisions on complaints that pension protection for older judges and firefighters was unjustifiable age discrimination.

Brexit - the impact on pensions   info
What has happened in the pensions world since the decision to leave the EU

The New State Pension - 11 things you need to know   info
The New State Pension - 11 things you need to know Prospect factsheet on the New State Pension

State Pension mythbuster   info
This document aims to answer some of the more complex, yet fundamental, questions around the changes to the state pension system.

Other pension documents

Tackling the gender pension gap   info
The information in this members' guide is tailored around life events (which different people will experience in different ways or not at all and in different sequences). It also aims to demystify pensions and explain key decisions and actions at important life stages.

Tackling the gender pension gap 2019   info
Prospect's 2019 report on the gender pension gap

Defined contribution pension schemes   info
This guide aims to help Prospect members in defined contribution pension schemes understand the main issues facing them in planning for retirement and simple steps they can take that could have a positive impact on their income in retirement.

Isle of Man - Joint TU response to cost sharing consultation   info
Joint trade union response to consultation on aspects of cost sharing in Isle of Man public sector pension schemes.

Letter to EHRC re gender pension gap   info
Letter from Sue Ferns to Chief Exec of EHRC requesting an assessment of whether the Secretary of State has met her statutory public sector equality duty re gender pension gap.

Joint TU letter to MHKs and MLCs re Legacy Funding Gap - March 2019   info
Joint trade union letter ahead of March 2019 Tynwald debate on legacy funding gap report and potential amendments to CoMin motion.

Prospect response to the 2019 consultation on the Babcock International Group Pension Scheme   info
Prospect response to the 2019 consultation on the Babcock International Group Pension Scheme

BIGPS Member Comms - Update March 2019   info
Member update on 2019 Babcock International Group Pension Scheme Consultation.

Babcock Letter to Prospect on BIGPS 2019 Consultation   info
Letter from Kevin Goodman at Babcock Group regarding their 2019 consultation on proposals for members of the Babcock International Group Pension Scheme (BIGPS).

Response to consultation on closure of UTV Pension Scheme - March 2019   info
Final joint response from BECTU and NUJ to consultation on proposal to close UTV Pension Scheme to future accrual.

BIGPS Consultation Letter - February 2019   info
Letter to Babcock Group on BIGPS Consultation.

Prospect response to the Royal Households Group Pension Scheme Consultation   info
Prospect response to the consultation on changes to the Royal Households Group Pension Scheme to be introduced from April 2019.

Union Week 2018 - Teleconference on Pension Tax Relief   info
Recording of teleconference for members potentially affected by tax charges arising from breaching the Annual Allowance or the Lifetime Allowance.

2019 BIGPS Member Comms - 2019/00261   info
Initial member communications on 2019 BIGPS Consultation.

BIGPS 2019 Consultation Document - 2019/00178   info
BIGPS 2019 Consultation Document on closure of the scheme to future accural.