Collective defined contribution (CDC) schemes will deliver retirement income on average 70 per cent higher than annuities bought through traditional DC saving, and 40 per cent higher than typical DB structures, according...
Many smaller single trust pensions could face problems switching to a master trust structure in the second half of this year, due to the volume of transfers being carried out. Investment consultants...
Three out of four HR and finance directors are looking to review their employee benefits package as a direct result of the Covid pandemic. Speaking at a panel at the Corporate Adviser...
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. ...
The government is considering allowing trustees to ‘smooth’ performance charges over a longer time frame to help DC schemes invest in more illiquid assets, such as infrastructure. Speaking at Corporate Adviser’s virtual...
There is a growing expectation among pension experts that the government will introduce legislation to ensure larger scheme invest a proportion of assets in UK infrastructure. Such a move would be welcomed...
The state pension will be included in the first version of the pensions dashboard with the Department of Work and Pensions being one of the first data providers contributing to this project....
Aviva has launched a new smartphone health app, designed to help employers offer greater support to employees during the current crisis. The DigiCare+ Workplace app is available to employees with group protection...
The Pension Protection Fund levy looks set to reduce during 2021/ 22 according to a consultation paper put out by the organisation. This paper proposes a reduction in the overall levy to...
Less than a third of employers believe they are providing a ‘great’ service for employees when it comes to HR and benefits technology, according to new research. Mercer Marsh Benefits report found...
