Called ClearGlass, the new service is designed to make the new cost transparency regime easy for pension schemes, trustees, consultants and asset managers. The service has been established by Sier, who is...
The number of people saving into a DC workplace pension is almost level with those holding DB pensions, according to the latest figures from the Office of National Statistics. According to ONS...
Almost two out of three trustees are now putting in place measures to prepare their scheme for Brexit, despite the ongoing uncertainty. This survey, by Hymans Robertson, found trustees were taking a...
The Pension Advice Taskforce has launched a new voluntary code of practice for financial advisers looking to transfer DB pensions. This Gold Standard code is based around a set of nine principles,...
The average income received by pensioners fell last year, according to figures published by the Department of Work and Pensions. Its retirement income statistics show that the average weekly income for all...
The value of defined benefit buy-outs could soar to £300bn over the next 10 years, according to a new actuarial report. The report, by Lane Clark & Peacock said that the buy-out...
The Department of Work and Pension has approved plans for the Royal Mail to launch the UK’s first collective defined contribution (CDC) pension scheme. This confirmation was given in the DWP’s published...
It was always widely predicted that the workplace pension reforms and accompanying changes to remuneration for advisers would bring a dramatic slowdown in the switching of schemes between providers. The question now...
Chair of the Pensions and Lifetime Savings Association, governor of the Pensions Policy Institute and MD of PTL, one of the most widely used professional independent trustees, Richard Butcher can accurately be described...
This statement provides more detailed guidance on how schemes should approaching forthcoming valuations. It is particularly relevant to schemes conducting valuations from 22 September 2018 to 21 September 2019. TPR says trustees...
