The abolition of short service refund lump sums could jeopardise existing retirement savings and pressure to bring in such a change is being driven by self-interest says JLT Benefit Solutions.The consultancy says...
I’ve been speaking to employers about automatic enrolment and the new employer duties for a couple of years now. Some employers realise that they should really do something to prepare. Others are...
One in four people currently under age 16 will live to at least 100, according to figures published by the Department of Work and Pensions. Pensions minister Steve Webb said the figures...
The honeymoon period is well and truly over for the Coalition Government that has attracted so much praise, in the field of pensions at least, in its first months in office.As the...
But despite this, only 30 per cent of employers who responded to Punter Southall’s third annual DC pensions survey said they expect their current pension arrangements to be compliant.All respondents were aware...
In-force sums assured grew in excess of premiums across all product lines in 2010, reflecting the competitive nature of the market, with death benefit sums assured increasing by 7 per cent, critical...
Sean Gilfeather, who continues running the company’s growing actuarial and risk management division, becomes head of corporate pensions – actuarial, following the restructure. Biggs was formerly with Jelf Employee Benefits where he...
That means commission can still be paid after the implementation of the Retail Distribution Review where new members join schemes or where existing members’ contributions are increased.But legacy commission, defined by the...
It is a well-known fact within our industry that there is a huge protection gap, with relatively few employees having access to income protection through work schemes. Myths around the product and...
First, it was wheeled out - the pension that is - ahead of the launch of auto-enrolment. Next, on the eve of the Hutton report, background briefings were given to selected journalists,...
