SPONSORED COMMENT In 2021, numerous pension advertisements were circulated, encouraging the consolidation of pension pots into retail schemes to ‘help make savers’ lives easier’. For industry professionals, this raises the question of...
SPONSORED CONTENT At this time of year, it is common for people to feel the financial pinch following Christmas. Adding the ongoing challenges posed by the pandemic into the mix is likely to...
When it comes to retirement planning there’s a lot of knowledge around, and even more ignorance. The pensions world is curiously split in this regard. The private wealth market, predictably, says that...
Collective Defined Contribution (CDC) schemes are close to being a reality in the UK. On 16 December 2021, the DWP laid the regulations before Parliament that provide for CDC schemes, and specifically...
Net-zero targets for DC pension providers are now universal with all mainstream DC pension providers now having 2050 or earlier targets for decarbonising their default funds. CLICK HERE TO REQUEST YOUR...
The industry has criticised proposals made by Phoenix Group - the owner of Standard Life - to increase the charge cap on workplace pensions for younger savers. Leading trustees have described the...
The Department of Work & Pensions has confirmed that the auto-enrolment earnings trigger will remain at £10,000 for the 2022/23 tax year. It is also freezing the lower qualifying earnings limit at...
Ten years on from the introduction of automatic enrolment, more Brits than ever are saving for retirement – with an additional £28 billion saved in 2020 compared to 2012. As well as...
The government has failed to set out a timetable to implement key recommendations on improving auto-enrolment that were first made in a DWP report in 2017. This report recommended enrolling workers from...
The Pensions Regulator has sets out its plans for how the new collective defined contribution (CDC) schemes should be regulated. This draft codes comes ahead of changes which will see trustees be...
