Eight out of 10 savers have not made any changes to their pension, despite the financial problems caused by the coronavirus pandemic, according to recent research. The People’s Pension found that 82...
Employee benefits provider Secondsight has launched a new digital platform for employers, offering support for staff whose roles have been made redundant. This is avaialble via its online portal Mybenefitsatwork. The platform...
New rules designed to protect company pension schemes could cost UK employers an extra £40bn over the next decade, according to new figures from LCP. The consultancy firm has conducted an impact...
Pensioners will see their state pension rise at five times the current rate of inflation next April, as the triple lock kicks into effect. The Office of National Statistics published inflation figures...
Covid-19 is exacerbating retirement insecurity across the globe and and is causing sustainability problems for the UK’s pension scheme. This was the conclusion from the Mercer CFA Institute Global Pension Index which compares...
Traditionally, group risk benefits have been bought on the premise of staff attraction and retention. However, the coronavirus crisis has shifted this, with more emphasis now on retention and support services utilisation....
Future pension reform could see further divergence between DC and DB pension regimes, with a reduction in higher rate tax relief on DC pensions only, but greater flexibility in regards to access. ...
Market volatility since the outbreak of the global pandemic triggered wild variations in the value of defined contribution pension plans. The so-called global indicator of “fear” among investors - the CBOE VIX Index...
Ditching the state pension triple lock in favour of a ‘double lock’ is unlikely to save the government money, according to a new policy paper from the Pensions Policy Institute. It recommends...
Larger occupational pension schemes and master trusts could be compelled to improve reporting over climate change risks, under proposals published by the Department of Work and Pensions today. In its consultation paper...
