The Government will cover employer contributions into AE pensions if businesses have to furlough staff, according to a statement by the Department of Work and Pensions. The DWP confirmed firms claiming grants...
Former pensions minister Steve Webb called for the Treasury to relax rules which could act as a barrier to people seeking to rebuild their pensions when the current Covid-19 crisis is over....
The Pensions Regulator declined to comment on whether discussions were taking place about the possibility of firms taking a pension holiday to help ease financial burdens during the coronavirus pandemic. However TPR...
The Pensions Climate Risk Industry Group (PCRIG) has launched a consultation on the new guidance it is publishing for trustees. This guide is designed to help trustees meet existing legal obligations, when it...
The industry has welcomed the chancellor’s announcement that there will be a 'call for evidence' into pensions tax relief administration, which will cover the ‘net pay anomaly’. However, some providers have called...
The increase in the minimum wage — now called the National Living Wage — announced in today’s Budget, should see more money heading into auto-enrolment pension funds. Chancellor, Rishi Sunak, confirmed that...
Nest has updated its investment strategy for members aged 60 and over, offering a new retirement fund for those looking to keep their money invested beyond retirement. This ‘guided retirement fund’ is...
Smart Pension has acquired Welplan Pensions Master Trust. Welplan currently provides pensions for around 1,800 employers and has 55,000 individual members in its master trusts, with aggregate funds of around £200m. However last...
The income gap for pensioners has almost doubled over the past 10 years, with those in the richest households seeing their private pension income grow at a far faster rate. New figures...
Many employees still feel confused about pensions and only just over half think their workplace pension will provide an adequate standard of living in retirement, according to new research. However the Institute...
