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Presentations & Events

UCL Pension Services provides a comprehensive range of events for employees of UCL in relation to the Pension Schemes’ benefits, pension legislation, Retirement Planning, and Financial Education.

Pension Presentations on Annual Allowance, Tapered Annual Allowance and Lifetime Allowance

UCL Pension Services will be providing presentations specifically aimed at pension scheme members who may:

  • Exceed the Annual Allowance of £40,000 for the tax year 2015/2016
  • Be subject to tapering from the 2016/2017 tax year
  • Have a Lifetime Allowance exceeding £1 Million as at 31 March 2016

The presentations will provide information and guidance on:

  • How Annual Allowance is calculated on a Defined Contribution and Defined Benefit basis
  • The impact of Additional Voluntary Contributions on Annual Allowance
  • The Tax Charges applied to amounts exceeding the Annual Allowance
  • How to carry forward unused Annual Allowance from previous tax years (payment input periods) to mitigate a tax charge
  • Options on paying the Tax Charge (including Scheme pays)
  • Tapered Annual Allowance
  • Defining Threshold and Adjusted Earnings
  • Mitigating TAA - The Voluntary Salary Cap (USS members only)
  • Lifetime Allowance
  • Individual and Fixed protection 2016
  • The Tax Charges applied to amounts exceeding the Lifetime Allowance

Presenter: 
UCL Pension Services

Dates:

  • Tuesday 2 February 2016, 13.00 – 14.00, G22 Lecture Theatre, Pearson Building (North East Entrance).

  • Friday 5 February 2016, 13.00 – 14.00, G22 Lecture Theatre, Pearson Building (North East Entrance).

  • Monday 8 February 2016, 13.00 – 14.00, Gustave Tuck Lecture Theatre, Wilkins Building.

More information and to book a place, please email Steven Cunningham-Sherret.