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Technical Memorandum 1 (TM1): Statutory Illustrations of Money Purchase Benefits (SMPI). Consultation on Version 1.1 - changes to the assumptions in Appendix D. Covering letter
Under the disclosure requirements for money purchase benefits introduced by the Department for Work and Pensions (DWP) from April 2003, pension scheme trustees or managers are required to produce a projection once a year showing the amount of annuity that ... read more >>