Over the past year, increased pension scheme funding levels have allowed 54 per cent of UK pension schemes to bring forward their endgames, according to WTW. The survey of 84 pension schemes, conducted...
The Bank of England has kept interest rates on hold at 5.25 per cent — after 14 consecutive rate rises. An additional rate increase was widely anticipated earlier this week, but yesterday's lower-than-anticipated...
The government's changes in net-zero goals are unlikely to significantly influence trustee approaches, according to the Independent Governance Group (IGG). Rishi Sunak revised earlier climate commitments, delaying the ban on new petrol...
PASA has provided some updated guidance on GMP (Guaranteed Minimum Pension) conversion. An article from Pasa’s Data Working Group titled, ‘What have we learnt about data requirements for GMP conversion?’, has provided...
Auto-enrolment reforms mean that 18-year-olds are set to gain £150,000 by the time they reach retirement, according to Aegon. The new automatic enrolment extension bill means that instead of waiting until a...
The Pensions Extension of Automatic Enrolment Bill received Royal Assent this morning, a day after passing through the House of Lords following its third reading. The bill will amend the Pensions Act...
The majority of business leaders want the social aspect of their ESG (Environment Social Governance) strategy to focus on employee wellbeing over the next 12 months, according to business management consultancy firm...
Advisers want certainty on pensions taxation, and this is seen as more of a political priority than recent consultants on range of retirement issues: from eradicating small pots, improving support for retirement...
The Pensions Extension of Automatic Enrolment Bill has passed through the House of Lords and is anticipated to become law following its third reading today. The passing of the bill means that...
Schroders Solutions has been chosen as the outsourced chief investment officer (OCIO) for Kier Group Plc's UK pension schemes, which have assets totalling £1.2 billion. Kier Group is a company that works...
