A recent question in Parliament addressed a controversial area where independent schools have taken steps to address their ongoing commitments in respect of the Teachers’ Pension Scheme (TPS). The question from...
TPS
The new single TPR Code, which is due out in the summer, is expected to introduce the Effective System of Governance (ESoG) and the Own Risk Assessment (ORA). In its draft form the new Code states that for gove...
The position as at 25 March 2021 A recent Freedom of Information request from Broadstone has revealed that independent schools continue to inform the Department for Education of their intention to exit the Teac...
So what has changed in the past couple of years? Broadstone has been working with independent schools in relation to their participation in the Teachers’ Pension Scheme (TPS) since shortly after news of the 43%...
A Freedom of Information request sent to the Department for Education by Broadstone on 14 December has revealed that 207 independent schools have left the Teachers’ Pension Scheme (TPS) since the start of Janua...
So what does phased withdrawal involve? One of the many frustrations that independent schools regularly express regarding the Teachers’ Pension Scheme (TPS) is the fact that it has not been possible to simply ‘...
Is it 2021 yet? Without question, this year has so far exhibited all the signs of being the toughest ‘annus horribilis’ for generations – and with 8 full months remaining it is very hard to imagine that people ...
In our last blog relating to the participation of independent schools within the Teachers’ Pension Scheme (TPS), we reported that we were aware of many schools who were considering an exit due to the 40% plus i...
Since our last blog posting back in March, things have moved on considerably with regard to the participation of independent schools within the Teachers’ Pension Scheme (TPS). We have had meetings with a ...