Tuesday, 29 July 2014 13:09
We've been made aware that some companies and Financial Advisors are cold calling individuals advising that they have been elected to act on behalf of the Government, to investigate pensions and their charges and offered to visit their home to obtain a signed authority form. This is alleged to be in conjunction with the Government initiative to offer everyone free unbiased pension advice.
The Financial Conduct Authority (FCA) has advised people not to disclose their pension details over the telephone to companies' cold calling. If you'd like to review your pension then you should consult with a FCA regulated company of your choosing and don't respond to cold calling requests.
If you have any concerns please report the incident to your local police force or the non-emergency contact '101'.
HMRC have set a deadline for members to inform their pension provider that they want their pension scheme to pay the Annual Allowance (AA) charge on their behalf.
For the tax year 2012-13, the Scheme Pays Election form must be received by SPPA no later than 31st July 2014.
Thursday, 19 June 2014 09:13
The Scottish Public Pensions Agency's Finance Directorate are celebrating success after being announced Public sector finance team of the year at The 2014 Scottish Accountancy and Finance Awards.
The award was announced in Glasgow in front of over 400 captains of industry and representatives of the wider business community. Judging was by an independent panel of experts with research being carried out by the Business School at Edinburgh Napier University.
Thursday, 29 May 2014 11:54
In September 2013, SPPA consulted on draft amendments to Firefighters' Pension schemes to provide retained firefighters employed in a Scottish fire and rescue authority between 1st July 2000 and 5th April 2006 with comparable pension rights to those enjoyed by regular firefighters during the same period.
The enabling legislation came into force on 23rd May 2014. The Scottish Fire and Rescue Service (SFRS) will implement an options exercise to provide eligible retained firefighters affected with an opportunity to join the new pension arrangements in due course.
Tuesday, 01 April 2014 06:00
Our annual newsletter for NHS and STSS Pensioners is being distributed along with all P60s during April 2014. This year we include information about the Pension Increase of 2.7% and further developments to our online web services. There are also some important reminders for those considering going back to work.
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