Pension consultants, trustees and legal experts and have welcomed the new Pension Schemes Bill, introduced by the government today. Consultants highlighted the measures to introduce new default retirement solutions as being beneficial...
The government has introduced its “game-changing” Pension Schemes Bill, which sets out the legislative framework for a raft of reforms, including DC multi-employer ‘megafunds’, the new Value for Money framework, small pension...
It’s a happy 10th birthday for the Managed Core Retirement Pathway strategy, launched back in 2015 just as George Osborne was launching pension freedoms. For Jo Sharples, partner and chief investment officer...
Most defined benefit (DB) pension schemes are either already planning to share surplus funds or will consider doing so soon, according to an upcoming LCP survey. Larger schemes are particularly interested, with...
The cost of the Minimum retirement lifestyle has fallen, with a two-person household now needing £21,600 per year and a one-person household £13,400, which is a £1,000 drop from last year. According...
The ABI is urging the Government to urgently reaffirm its support for a thriving market of private sector pensions dashboards. This was set out in its new report, "Unlocking Pensions Potential: The...
The Society of Pension Professionals (SPP) has warned against potential changes to salary sacrifice arrangements for pensions, saying reforms would disproportionately harm low and moderate earners and reduce overall pension saving. Recent...
Cheviot, a multi-employer pension trust offering both defined benefit (DB) and defined contribution (DC) schemes, has introduced a new operational and investment model in response to increasing regulatory demands, rising costs, and...
Isio has connected its first pension scheme to the Pensions Dashboards ecosystem, joining Royal London, Aegon, Fidelity, Barnett Waddingham and Standard Life. The move strengthens the partnership between Isio, the scheme’s trustees,...
The government has stepped back from proposals to regulate consultants advising employers on pension schemes — stating that it hopes the new Value for Money framework will help drive the market away...
