World of opportunity
“Companies are rehiring and sending more people on overseas assignments,” says Paul Weigall, head of sales and marketing at Interglobal. “In the second half of 2010 confidence returned to the market. This...
Pensions
GPPs may be exempt from ECJ gender ruling – Skandia
The directive states that it is only to relate to insurance and pensions that are ’private, voluntary and separate from the employment relationship’, which, says Skandia, means all group schemes, and not...
DWP and Treasury on verge of deal on flat-rate pension – contracted-out to get less
Pensions minister Steve Webb is understood to have finalised the details of the policy, which is designed to remove the risk of legal action against the government in the event that people...
DWP research into vesting rules shows schemes defaulting leavers out
The research, carried out as the DWP grapples with the question of whether to outlaw early vesting refunds for occupational schemes, found the majority of employees opt for a short service refund...
Increase in over 65s still in work, despite the recession – ONS
In 2001, around 412,000 people aged 65 and over were in work, rising to 870,000 in the last quarter of 2010.This increase is seen in both full-time and part-time employment and in...
ACA at odds with NAPF and fund managers as it supports pension early access
Responding to the Treasury’s consultation on early access, the Investment Management Association says rather than increase participation and contribution levels, early access could result in unintended consequences such as greater complexity and...
ECJ gender ruling – pensions industry reeling at lower incomes and uncertain future
But the PMI and group risk sectors are expected to be largely unaffected by the change because they usually underwrite on unisex grounds.Pension experts are warning that annuity rates will be overall...
Standard launches Lifelens benefits portal with 10 blue chip employers
IBM is the first of 10 blue chip clients signed up to Lifeline to go live in 2011, with Standard Chartered Bank also adopting the system soon. That development is a product...
Aviva’s total rewards statements go live
Aviva is offering total reward statements alongside group personal pensions. The provider is offering employees an online personal statement of their benefits package including salary, bonus, pension, medical insurance, health screening, life...
‘Madoff-style’ public pensions unaffordable and unfair – Johnson
By 2015-16, the taxpayer will have to contribute more than £10 billion a year to make up the difference between pension contributions and pensions in payment in the public sector says Michael...
Most Popular
-
Exclusive: Best and worst default funds over past 10 years
-
Pensions Schemes Bill under threat as mandation war continues
-
Wide gaps revealed in default strategy performance over three years
-
Capita axed from Royal Mail Pension Scheme over ‘milestone failures’
-
Guy Opperman: VfM framework should be scrapped
-
Howden appoints head of employee benefits
