DB

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...

The Investment Association will identify companies who pay higher pension contributions to directors when compared to the rest of their workforce. The IA says that this is a clear corporate governance issue...

Pension consultants LCP have appointed Dan Mikulskis as a new partner in the company’s investment team. In this new role Mikulskis will be lead on the development of projects for both DB...

LGPS Central has appointed Mike Weston as its new chief executive. Weston will start in this new role on March 7, subject to FCA approval.  LGPS Central has also announced that John Burns...