Latest News The latest news and views covering the Teachers Pensions, the Teachers AVC and general Financial Planning news. Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Changes For Teachers With Additional Contracts 21/05/2015 Ged O'Neil Bell Changes have been announced for members of the career average arrangement who have teaching contracts in addition to their full-time employment. Previous to the 1st April 2015, full-time teachers w[...] Read more Transfer Restrictions Update 23/04/2015 Ged O'Neil Bell From 6 April 2015 the Pension Schemes Act 2015 has placed a restriction on transfers-out of the Teachers Pension Scheme The Pension Schemes Act 2015 has put a restriction on transfers-out from unfu[...] Read more Lifetime Allowance Update 01/04/2015 Ged O'Neil Bell The final budget of this Parliament was delivered by the Chancellor of the Exchequer on the 18th of March 2015. The only change targeted at pensions involved the Lifetime Allowance (LTA). The LTA will[...] Read more Changes To Transfers 27/02/2015 Ged O'Neil Bell Changes under the Pensions Schemes Bill, to come into force from April 2015, will stop transfers from unfunded public service pension schemes, such as the Teachers’ Pension Scheme (TPS), to pension [...] Read more Benefit Statements & Contributions 26/02/2015 Ged O'Neil Bell Annual Benefit Statements (ABS) containing an estimate of teachers’ service and salary details up to 31 March 2014 have started to be distributed to employers. Teachers’ Pensions are required to s[...] Read more Additional Factors 31/01/2015 Ged O'Neil Bell Following the 2012 valuation of the Teachers’ Pensions Scheme, Teachers’ Pensions have been issued with new factors to calculate the cost of Additional Pension. Teachers Pensions will implement[...] Read more Annual Benefit Statements 15/01/2015 Ged O'Neil Bell Annual Benefit Statements (ABS) will be distributed by Teachers Pensions to employers in February and March. Teachers who are re-employed, in their first two years of teaching or are currently in mixe[...] Read more Teachers Pension Confusion 19/12/2014 Ged O'Neil Bell A teaching union recently circulated communication regarding certain employers’ completion of the Teachers’ Pensions Annual Service Return. The document stated that the data provided was from Octo[...] Read more Changes To Teachers Pension Scheme 19/12/2014 Ged O'Neil Bell Changes to the Teachers’ Pension Scheme (TPS), which will come in to effect from the 1st April 2015, will affect pensionable earnings from full and part-time work. All the service of members who wor[...] Read more Changes To Benefit Statements 14/12/2014 Ged O'Neil Bell After 2015, Teachers’ Pensions will no longer be sending paper Annual Benefit Statements (ABS). However, members will still be able to access their statement online using the My Pension Online (MPO)[...] Read more Teachers Pension Scheme Board 05/12/2014 Ged O'Neil Bell The Department of Education has formally announced the approval of the Teachers’ Pensions Scheme Pension Board (TPSPB). The Department of Education is grateful to employer and member organisation[...] Read more Cheque Fraud 10/09/2014 Ged O'Neil Bell There are an increased number of counterfeit cheques being produced, say Teachers’ Pensions. These fraudulent cheques are manufactured or printed on non-bank paper but look almost identical to genui[...] Read more My Pension Online 30/08/2014 Ged O'Neil Bell Teachers’ Pensions have made changes to their My Pension Online (MPO service). The log in process has been improved to reduce loading times, as a result of feedback received from members. They say d[...] Read more Fraud Alert – FCA Warning 30/07/2014 Ged O'Neil Bell Certain companies and financial advisors have been cold calling individuals. These companies advise that they have been elected to act on the behalf of the Government to investigate pensions and their[...] Read more Tiered Pension Contributions Changing 2014-5 16/06/2014 Ged O'Neil Bell The Department of Education has announced changes to tiered contributions. Contributions increases will apply to members of the Teachers’ Pension Scheme (TPS) in the financial years 2014/15. The Dep[...] Read more Death Registration Information 01/06/2014 Ged O'Neil Bell Teachers’ Pensions will be conducting a monthly mortality screening exercise in order to ensure that, should anything happen to any of its members, they can reduce the impact of bereavement. They ai[...] Read more Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24