DSS plans two NI rebate regimes for stakeholder

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Stakeholder pensions with trustee boards will have lower contracting out NI rebates than other schem...

Stakeholder pensions with trustee boards will have lower contracting out NI rebates than other schemes in the stakeholder regime. Those schemes which are set up under an alternative governance structure through an FSA authorised stakeholder scheme manager, such as a life or unit trust company, will receive higher rebates. Last week's DSS announcement on stakeholder stated that for 2001/02, the existing rebates for contracted out money purchase schemes and appropriate personal pensions will apply to occupational stakeholder and personal pension stakeholder respectively. What will happen in...

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