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HMRC - Scheme Pays deadline 31st July 2014

hmrcHMRC 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.

Read more: HMRC - Scheme Pays deadline 31st July 2014

 

Public sector finance team of the year

Thursday, 19 June 2014 09:13

accountancy_finance_winner_logoThe 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.

Read more: Public sector finance team of the year

 

Retained Firefighters Pension Settlement

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.

Read more: Retained Firefighters Pension Settlement

 

Pensioner Newsletter 2014

Tuesday, 01 April 2014 06:00

newsletterOur 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.

 

HMRC tax code issues - NHS and Teacher's scheme pensioners

Friday, 31 January 2014 16:30

The SPPA is aware that HMRC has assigned incorrect tax codes to some pensioner members of the Scottish Teachers' and Scottish NHS pension schemes.  That has resulted in a small number of people who were due to receive pension payments on 31st January not receiving a payment.

Read more: HMRC tax code issues - NHS and Teacher's scheme pensioners

 

Scheme pays & self-assessment

Friday, 13 December 2013 15:51

The following link sets out the deadlines for scheme pays elections and also advises Practitioners what they need to do for self-assessing their estimated Annual Allowance charge for 2012/13. SPPA will send out final 2012/13 AA statements for Practitioners once we have received salary details from PSD next year.

Further information

 

 

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