OFT-asked questions
The Office of Fair Trading is a very powerful organisation within the UK’s political and regulatory set up. If it believes a market is seriously malfunctioning it can recommend that the Government...
Pensions
Profile: Lorica’s David Battle – a combative force
David Battle, Lorica Self-obsessed and obsessed with how it is going to be paid - ask Lorica chief executive David Battle what he thinks of the workplace benefits community and he paints...
BHSF’s 3,000 corporate cashplan clients offered Torquil Clark auto-enrolment solution
BHSF, a not-for-profit company, has around 3,000 corporate clients, the majority of whom fall into the SME bracket and the 2013/14 enrolment window set down by the government. Brian Hall, sales and...
Galvin relieved of DB duties after shock resignation
Galvin will leave his current position at the end of June in order to take up a new role as group chief executive of the Universities Superannuation Scheme Ltd (USS).For his remaining...
Which? reveals £450 consultancy charges in mystery shop
Which? posed as a pension consultant and approached five insurance companies, two of which agreed to consultancy charging arrangements where between £400 would be deducted from employees’ pensions. Neither of the life...
First DC ethical target date fund range launched by AllianceBernstein
The range will be pro-actively managed using underlying FTSE4Good indices and UK gilts.The Pensions Trust is the first adopter of the range, offering it to all of their DC employer schemes on...
Pension providers to hit capacity in two months – Towers Watson
Rudi Smith, Towers Watson Capacity issues could lead to providers bringing down the shutters, putting up prices, reducing ancillary services and cherry-picking new clients, says the report.Towers Watson modelled pressures on pension...
Budget – Tax break for return to work interventions unveiled
The Budget also confirmed that the Government will abolish the Percentage Threshold Scheme and recycle funding into creating the health and work assessment and advisory service for those in danger of long-term...
Budget – TPR given new statutory requirement to consider sponsors’ growth prospects
Chancellor George Osborne said the government is taking action across the economy to shift the balance of regulation in favour of private sector investment and growth. The Government will provide The Pensions...
Budget – Osborne confirms £18,000 pension giveaway to public sector workers
In his Budget speech he said someone aged 40 when the single-tier pension is introduced who has always been contracted out will pay an extra £6,000 in National Insurance over the rest...
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Majority of DB schemes to share surplus funds with employers only
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Aegon’s Robinson joins Gallagher as head of DC investment
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HMRC begins payouts to low earners impacted by pension discrepancy
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John Greenwood: Who’s still targeting annuity purchase?
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Sacker & Partners claims ‘practical questions’ remain over DB surplus
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Aptia appoints new head of pension risk transfer
