The Pensions Regulator’s new framework for defined benefit (DB) schemes is too rigid and fails to take into the unique issues faced by certain schemes, risking worse outcomes for members and employers....
The Pension Schemes Bill has been approved in the House of Lords and will be taken through the House of Commons later this year. There are a number of proposals in this...
The Public Accounts Committee has called for a review of pension tax relief, to ensure it is effective and providing value for money. This is part of a wider review into tax...
Pension savers in defined benefit schemes could lose up to 20 per cent of their income, if government reforms to the way inflation is calculated go ahead. This stark warning comes from...
Benchmark the destination for DB transfers with low-cost auto-enrolment workplace pensions will not give the consumer protections the FCA hopes says LCP. The consultancy has questioned the logic of FCA rules requiring...
The Covid crisis has led to an increase the number pension savers concerned about the security of DB workplace pension schemes. Wealth manager Killik & Co has reported a significant jump in...
A raft of A-list celebrities including Gary Lineker, Graham Norton, Westworld star Thandie Newton, and Mariella Frostrup have backed a campaign calling for greener and more ethical pensions. The string of celebrity...
Insurers have given a cautious welcome to calls to simplify pensions tax relief but have warned a “pensions Isa” could undermine the success of auto-enrolment. Yesterday the ABI called for the government...
The High Court has ruled that the cap on maximum compensation available under the Pension Protection Fund (PPF) flouts age discrimination rules. This ruling is likely to have widespread implications for the...
Globally, experts are concerned many people could be sleepwalking into retirement poverty. The World Economic Forum highlighted that the gap between what people save and what is needed for an adequate standard...
