Pensions

The European Commission’s confirmation that the Test-Achats decision does not apply to annuities derived from occupational pension schemes is welcome. At least a portion of the UK pensions market now need not...

Called ’My Money’, the new platform can be tailored to individual employer needs through bespoke pricing, proposition and branding options.Pension charges on the new platform remain broadly similar to existing GPP charges.Management...

But the TUC has described as ‘disappointing’ the delay in the increase of employer contributions to 3 per cent to 1st October 2018, meaning employees will have had to wait 13 years...

The hub will launch in Q4 2012 and will offer employers support in identifying different categories of worker based on payroll information provided, employee communications tailored to their particular category, collection and...

Macro will be responsible for managing Mercer’s UK DC consulting team and for growing this part of the UK business.Macro was formerly senior consultant at Towers Watson. He also worked on formulating...

Tax breaks that incentivise employers to look after the  health of their staff and protect their income are ’a  no-brainer’, Heather Wheeler MP told a round table  briefing at the House of...

Thirty-six new IPPs have been set up in the last year, according to data from Towers Watson’s IPP survey, which is now in its fourth year.The survey found funded DC remains the...

Legal & Generals DB de-risking business is targeting schemes with pensioner liabilities as low as £50m with longevity insurance.To date named life longevity insurance has only been made available to schemes with...

Speaking at the ABI’s Building a Resilient Workforce event in London yesterday, at which sickness absence review authors Dame Carol Black and David Frost were presenting their findings, McGarry also said high...

The Netherlands Central Bank’s recent announcement of cuts of up to 7 per cent in Dutch pensions in payment has highlighted the risks of collective DC structures, say critics.Dutch pensioners will see...