With January fast passing by, for many of us those New Year resolutions are already becoming a distant memory. Well intentioned gym memberships are starting to look like a bad idea, nails are already being bitten as you try to work out your scheme’s pension input period and the resolve
to have a month-long green tea detox is being hard tested by even the quickest look at the Pensions Bill 2011.
“What a depressing way to start a Review!” we hear you cry. Well fear not, there is one New Year’s resolution which is not only worth keeping but is also eminently achievable. So how can trustees and employers of defined benefit pension schemes take action this year to reduce their 2011/12 Pension Protection Fund levy?