The Chancellor has announced plans to address the ‘net pay anomaly’ which has seen many low-paid workers miss out on tax relief on their workplace pension contributions. However, pension experts have criticised...
Chancellor Rishi Sunak has announced a consultation on reforming the charge cap on DC workplace pensions in today’s Budget. This charge cap is currently set at 0.75 per cent. In his budget...
Pensions dashboards are on target to launch in 2023, according to the latest progress report. The Pension Dashboard Programme (PDP) confirmed that the main focus of its work over the past six...
Ahead of the COP26 climate change conference next week, Smart Pension has confirmed that 70 per cent of its master trust default fund is now in invested in portfolios that meet strict...
Legal & General Investment Management (LGIM) has pointed the finger at defined benefit schemes for being behind the curve on climate transition. The asset managers says that the typical DB scheme is...
Cushon has launched a new investment strategy that has a 15 per cent allocation to private markets through Schroders, the biggest in the master trust sector, it says. The provider says its...
The Financial Conduct Authority has opened the door to wider DC investment in illiquid assets by setting out a new regulatory regime for long term asset funds. In order to facilitate this...
Trust-based pension schemes will be required to publish their net-zero credentials under new metrics that will enable greater comparability of decarbonisation strategies. Published today ahead of next month’s COP26 conference in Glasgow,...
More than one in three DC savers at retirement planning age are unaware they can make tax-free withdrawals from their pension, according to research from Hymans Robertson. This survey showed there was...
Pension firms need to change the way they communicate with older millennials and ‘Generation X-ers’ to boost pension savings according to new Nest Insight research. More positive and empathetic communications that highlighted...
