Default Scheme

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Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
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  • #43946
    RobBox
    Participant

    Can I ask if authorities have had a change of direction since the "Pickles" offer and are now looking to go with the default scheme?

    #124836
    Dawnie
    Participant

    unlikely for us – doesnt make any financial sense and the uncertaintly over it being 1 year only is ludicrous

    Dawn

    #124841
    Chris Robbins
    Participant

    We are changing from a proposed liability cap of 80% to a new scheme with a 91.5% cap. We have taken Counsel’s advice which states we are required to re-consult, which we are now just about to start. Timetable is incredibly tight but we have 9 weeks for consultation and then have to evaluate responses and present our final draft to full Council at the end of January.

    #124868
    RobBox
    Participant

    No one else………I feel somewhat alone :((

    #124869
    petedavies
    Participant

    Like Chris we will probably increase the cap to 91.5% (but from 85%)
    We’ve adopted a slightly different route. The 85% option is still being put forward as our scheme but with a delegated authority to defer full implementation during the “transitional period” which is the period which, in the opinion of the CFO and Portfolio lead (who are the luck recipients of the delegated authority) it is worthwhile getting any extra bunce on offer for following the gov’t line. Our advice was that this was lawful and would not need to reconsult.

    #124889
    craigworc
    Participant

    If you change the schme to be more generous to the applicants, do you need to re-consult?

    #124960
    seanosul
    Participant

    [quote=craigworc]If you change the schme to be more generous to the applicants, do you need to re-consult?[/quote]

    How about your taxpayers and your preceptors?

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