This paper examines issues relating to pre-1997 indexation in DB pension schemes including the costs of protection, scheme member perspectives, trustee duties and considerations for employers.
It also highlights some of the issues with a proposed across the board legislative change and comments on various potential solutions – including the possibility of discretionary payments.
Tags: DB Schemes, legislation, pension, Pension Schemes, Pensions, Pre-1997 Indexation, SPP,
This wide-ranging paper on the topical issue of surplus release from DB pension schemes explores what constitutes a surplus, when releasing surplus may and may not be appropriate, the benefits and risks for members and employers, investment and governance issues, and the wider consequences for the DB pensions landscape.
SPP's short response to The Pensions Regulator's Enforcement Strategy consultation, which expresses support for the broad thrust of the proposed changes whilst detailing some areas where unintended outcomes could arise and where further clarification would be helpful.
Tags: enforcement, pension, Pensions, regulation, SPP, The Pensions Regulator,
An SPP paper explaining what salary sacrifice for pensions is, why it matters, how it is used and by whom, and what the implications would be if government were to impose restrictions or abolish this longstanding arrangement.
Tags: legislation, NICs, payroll, pension, Pensions, salary sacrifice, Tax,
This Diversity, Equity & Inclusion paper features the thoughts of Stonewall Chief Executive Simon Blake and SPP member Savannah Adeniyan in relation to the issue of LGBTQ+ in the pensions and wider business worlds.
The Diversity, Equity & Inclusion paper features the thoughts of Tabitha Morton, Executive Director, UN Women UK and Sophia Singleton, President of the SPP in relation to the issue of gender in the pensions and wider business worlds.
In the fourth of its Inclusive Futures collection of articles, this SPP paper features the thoughts of Jabeer Butt OBE, Chief Executive of the Race Equality Foundation and Shayala McRae who is Chair of the SPP Legislation Committee, and deputy Chair of SPP’s EDI Committee.
The Society of Pension Professionals (SPP) response to the
House of Lords Economic Affairs Finance Bill Sub-Committee
October 2025 call for evidence on reforming inheritance tax: unused pension funds and death benefits.
Tags: inheritance tax, legislation, Lords, pension, Pension Pots, Pensions, Tax,
This SPP paper explores the case for policies that will enable collective schemes, including DB and CDC, to thrive in the decades to come.
This SPP paper examines issues relating to disability in the pensions industry, featuring the thoughts of Kamran Mallick, Chief Executive of Disability Rights UK and SPP member Charlotte Feld, Consultant Lawyer, Travers Smith.
Tags: DEI, Disability, diversity, EDI, inclusion, Inclusive Futures, pension, Pensions, SPP,
The SPP has two key concerns with this draft legislation – the proposed definition of “tax adviser” and therefore the scope of the legislation and the current omission of any exemption for pension professionals.
Tags: draft legislation, IHT, inheritance tax, legislation, pension, Pensions, Tax,
This consultation response suggests various improvements to ensure this legislation better delivers the original policy intent and avoids unintended consequences.
Tags: IHT, inheritance tax, legislation, pension, Pensions, Tax,