New research suggests workplace pensions could boost returns by 10 per cent if they broadened the assets under management to include ‘illiquid alternatives’. This analysis was conducted by JLT Employee Benefits. It recommends...
Punter Southall Aspire has been appointed by Ensign to provide advice on retirement options to its master trust members. As part of this deal Punter Southall Aspire will offer both generalised retirement...
The Government has confirmed it will legislate to introduce collective defined contribution (CDC) pension schemes. Minister for pensions and financial inclusion Guy Opperman says he will set out detailed proposals within the...
Pension experts have given a cautious welcome to new government plans to make it a criminal offence to “recklessly” underfund a workplace pension. The work and pensions secretary Amber Rudd says that...
Half of all pension records contain errors, some of which are so fundamental that one in 20 people’s monthly payslips may be wrong, according to data from Pensionsync. The analysis found errors...
An accounts manager who attempted to conceal the fact that restaurants had not given their staff workplace pensions has been ordered to pay £5,000. Bradford-based Mansoor Nasir submitted false declarations of workplace...
The Department of Work and Pension is consulting on proposals designed to encourage DC pension schemes to invest in a wider range of assets. Under these proposals trustees of larger occupational DC...
JP Morgan has taken a stake in workplace pensions provider Smart Pension, bringing its total funds raised to date to £50m. The deal sees JP Morgan global head of retirement solutions Anne...
Significant administrative problems at Now: Pensions, affecting more than a quarter of a million people have been largely resolved says the Pensions Regulator. TPR says the provider and its trustees have largely...
The Financial Conduct Authority has called for pension providers to offer default investment pathways for those accessing drawdown services without advice. It is inviting the industry to consult on these recommendations, which...
