Schools Briefing - Spring 2015
Welcome to the spring edition of the haysmacintyre schools briefing.
Since our last briefing it has been a busy time for schools with signing off accounts and challenging the first cut of the budgets. With capital projects on the increase, a nervousness to borrow and the pressures on fee increases and pupil numbers, there is a focus on the impact of the Teachers’ Pension Scheme.
We began February with our annual Independent Schools’ Conference, now in its 22nd year. The conference was attended by over 150 people who came together to share their thoughts and experiences of the sector. We were delighted with how the day went and the discussion and debate generated. We are always grateful to our speakers who make the day so enjoyable, but more on this from David Sewell.
Pensions are currently a challenging issue for most organisations and generally culminate in a headache and a cost. Richard Weaver looks at how schools may be looking to recoup the increase in pension contributions which will impact schools from September this year.
The Chancellor delivered his last Budget before the General Election in May. As expected very little was said to affect the school sector. Katharine Arthur and Nick Bustin pick up on a couple of points.
Our legal article has been provided by Sue King of Wrigleys Solicitors and responds to the question ‘Will a school’s safeguarding responsibilities trump an agreed reference?’
I was delighted to catch up with David Williams at the AGBIS AGM last week. Many of you will know him from Charterhouse School. As a number of schools benchmark their fees and remissions, David gives his thought on whether school fee remissions are still sustainable.
Finally, as we are almost at the end of another busy term, may I wish you a good Easter break and I look forward to seeing you in Newport at the ISBA Annual Conference in May, where you will find the haysmacintyre team on Stand E34. Do come and say hello!
Partner, Independent Schools
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