Trustees diverting contributions into alternatives to closed property funds may be breaching legislation by unintentionally creating default arrangements that should be subject to the charge cap, The Pensions Regulator (TPR) has warned....
DC pension savers are already seeing “encouraging signs of recovery” in their retirement savings, as stock markets recover, according to data from pension consultants. The Hymans Robertson Member Outcomes Tracker shows many...
Statutory sick pay (SSP) has been making headline news during the coronavirus crisis, thanks primarily to Chancellor Rishi Sunak’s decision to temporarily enable businesses with fewer than 250 employees to reclaim the costs...
It seems that barely a day goes by without a story or anecdote about the struggles associated with DB schemes. In contrast, DC schemes seem to sail serenely on through calm waters...
There has been a surge in employers signing up to the government’s cycle-to-work scheme following the Covid-19 outbreak according to employee benefits advisers. Howden Employee Benefits & Wellbeing says it has seen...
Insurer Personal Group will now offer virtual GP services to its policyholders at no additional cost. This 24/7 GP service will be provided by Medical Solutions. Policyholders can have round-the-clock access to...
More than a third of DB pension schemes are not taking action to address potential funding level issues as a result of the Covid-19 crisis. A survey of scheme managers and trustees...
Employers are being urged to step up their workplace mental health services to support people returning to work post coronavirus lockdown. This call, from Howden Employee Benefits & Wellbeing comes in Mental...
Aviva has pledged to refund its PMI policyholders if claims costs for 2020 and 2021 are lower than expected, as a result of Covid-19. This applies to both those covered on SME...
Vitality has launched a new health check at home service to help policyholders keep track of key health indicators during the lockdown. This will be offered in conjunction with Vitality’s wellness partner...
