Before trustees allow employers to delay making contributions into DB schemes, they need to consider how they would ‘switch on’ payment mechanisms again. This warning comes from LCP partner Steven Taylor. He...
Punter Southall Aspire is withdrawing from the master trust market. The firm currently runs the Aspire Savings Trust. Trustee will now begin the process of identifying a new master trust provider to...
Mel Charles has been named the new director of automatic enrolment at The Pensions Regulator after nine years with the organisation. His role will include supporting employers as they navigate the current...
Premier, the pensions, employee benefits and wealth management business, has appointed Alastair Aird as its chief executive officer to lead the firm’s plans for strategic growth. Aird has transitioned since the start...
The Pensions Regulator has issued its annual funding statement, urging trustees and employers to work together to manage the immediate financial problems caused by the Covid-19 lockdown. However TPR stresses that there...
Pension withdrawals incurred a record £167m of emergency tax payments to HMRC in 2019/20, up from just over £90m in 2015/16, according to figures released today. HMRC data published today shows £166,619,969...
More than £35bn has been withdrawn from pensions since freedoms were in 2015 with £2.5bn withdrawn in Q1 2020, up 19 per cent on the same period last year. The £2.5bn represents...
PROVIDER CONTENT Should default funds consider ESG factors or is offering a broad range of self-select funds sufficient? Many ESG factors are relevant to the financial performance of the fund so it...
PROVIDER CONTENT At Scottish Widows, we recognise that environmental, social and governance factors such as climate change are some of the biggest issues facing society today. As part of Lloyds Banking Group,...
Pension schemes are being urged to send DB members looking to transfer a Covid-19 transfer warning letter highlighting the risks of doing so during the pandemic, following new guidance from the regulator...
