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Transact Technical Centre - Pensions

Welcome to the Technical Centre, giving you access to insights and articles from our experienced Technical Team. You can filter all articles by topic using the dropdown menu to the right.
Normal Minimum Pension Age transitional provisions
HMRC published Pension Schemes Newsletter 180 in April 2026, providing the first detailed — if still provisional — guidance on the transitional regulations that will...
FCA CP26/10: Simplifying the pensions and investment advice rules
On 25 March 2026, the FCA published Consultation Paper CP26/10: Simplifying the Pensions and Investment Advice Rules. This paper builds on the long-running Advice Guidance...
The Money Purchase Annual Allowance (MPAA) and how to avoid it
The Money Purchase Annual Allowance (MPAA) was introduced alongside the 2015 ‘freedom and choice’ reforms. Its purpose is to prevent "pension recycling"—where individuals access their...
Maximising pension contributions and the tapered annual allowance
As we start to approach the end of the tax year, the clock starts ticking for maximising contributions into tax exempt wrappers. Whilst the standard...
Age 75 Tests and their impact on the lump sum allowance and lump sum death benefit allowance
Given the complexity surrounding the lump sum allowance (LSA) and lump sum death benefit allowance (LSDBA), the impact of benefit crystallisation events (BCEs) prior to...
OVERVIEW OF SALARY SACRIFICE CHANGES
One of the less surprising measures in the Autumn Budget 2025 was the announcement of changes to the NIC treatment of pension contributions made via...