Rising full withdrawals and unsustainable annual withdrawal rates risk seeing pensioners run out of money in retirement, an Association of British Insurers report has warned. The report says 40 per cent of...
Opt out rates for auto-enrolment remain low, despite last April's increase in contribution rates, according to the latest data published by the Department of Work and Pensions. Its Automatic Enrolment Evaluation Report...
It is now five years since the introduction of pension freedom rules, but there is still widespread confusion about retirement options, particularly among the 50-plus age group. One in four savers (26...
The new chancellor Rishi Sunak, has dropped plans to reduce higher rate tax relief on pensions, according to reports this weekend. Briefings suggest this change of plan comes after fierce opposition by...
Advisers have called on the government to provide urgent clarification on equalising guaranteed minimum pensions in order to address concerns by trustees and sponsoring companies. HMRC has recently published guidance about this...
Finding common ground between providers and intermediaries on UK defined contribution (DC) default fund approaches is a tricky business. In the first camp, there are those who say long investment time horizons dictate...
The UK economy lost almost £92bn as a result of ill-health related absence and presenteeism in the workplace — a £10bn increase on a the previous year, according to new research. Data...
The Government has published further guidance on how pension schemes should deal with the equalisation of Guaranteed Minimum Pensions (GMP). This follows a high court ruling that schemes must equalise these benefits...
Howden Employee Benefits has launched new data tool to help employers with gender pay gap reporting. This new data analytical service is offered through Psyon, part of the wider Howden Benefits and...
Hymans Robertson has promoted William Chan to the newly created role of head of DC investment. In this new position Chan, who joined the company in 2015, will lead Hymans Robertson on...
