Equiniti are delighted to confirm that the acquisition of EQ by Earth Private Holdings Ltd (a newly-formed company affiliated with Siris Group Capital, LLC (“Siris”)), is now complete, returning EQ to private ownership. Siris has recognised the strength of EQ’s people, expertise, and relationships with our clients. We are looking... Read more...
Here at EQ, we’re working towards making a Net Zero commitment. We now understand our emissions and total carbon footprint across Scope 1 (direct emissions), Scope 2 (indirect emissions e.g. utilities) and Scope 3 (other indirect emissions e.g. suppliers). Suppliers By talking to our suppliers about our carbon footprint and... Read more...
On 1 April 2021, the PSIG announced the launch of version 2.2 of its Code of Best Practice – Combatting Pension Scams. PSIG is a voluntary body established to combat pension scams through the publication of good practice in due diligence for trustees, providers and administrators. In an accompanying press... Read more...
The UK tax year ends on 5th April. There are some extra processes that apply to pensions on or around tax year end, triggered by HMRC. We have provided some Frequently Asked Questions (FAQs) below for some of the topics that we often get asked about these. Typically at this... Read more...
Some of you will be familiar with the idea of the Pensions Dashboard; what you may not be aware of is that the idea is a lot closer to becoming reality than many people think. Dashboards will fundamentally change a member’s access to their data. Rather than the Trustee or... Read more...
On 11 February 2021, HM Treasury and HM Revenue and Customs published a consultation paper on increasing the NMPA to 57 with effect from 6 April 2028. The NMPA is the minimum age at which most pension savers can access their pensions without incurring an unauthorised payments tax charge (unless... Read more...
In the days running up to the Chancellor’s second budget speech on 3 March 2021, there had been the now customary talk of a major overhaul of the tax treatment of pensions but, once again, this failed to materialise. In reality, the only change was the freezing of the standard... Read more...
EQP saw an initial reduction in service requests, but this has since returned to normal levels. Within this overall trend we did see some volatility in the form of demand spikes associated with special events such as engagement campaigns or redundancy programmes. Within EQ’s HR Solutions function, we also saw... Read more...
During 2020 and into 2021 we have accelerated our digitisation plans, pushing more information online and making greater use of websites for member self-service. We’ll see an extension of this over this year and into the future. From March 2020 we have maintained a telephony presence and brought forward our... Read more...
We are now in a world where increased flexibility in our working lives has become second nature to many people, and retaining that flexibility is likely to be increasingly important. Whilst some will be looking forward to being back in the office, reacquainting themselves with colleagues and enjoying being out... Read more...