If the cap fits
For the government to retain the industry’s positive support and to ensure that the new regime doesn’t undermine the good work already done by employers in offering workplace pensions, there needs to...
Pensions
Britons clueless about how to deal with pension reform challenges
Most Britons would like to stop working at 63 if they could afford to do so, according to new research. But an alarming majority lack even a fundamental grasp of how to...
Small pot construction workers to access enhanced annuities with Partnership tie-up
Construction industry workers will now get enhanced rates through a one page ’yes or no’ medical questionnaire, regardless of their fund size.Jamie Fiveash, director of customer solutions at B&CE says: “Our customers...
Market timing costing retail investors 1.2 per cent a year – Cass Business School
The study, which was compiled by Andrew Clare and Nick Motson at Cass Business School using Investment Management Association (IMA) data from 1992 to 2009, shows investors chase returns by investing more...
Pensions professionals predicting dramatic change in roles in wake of auto-enrolment
Auto-enrolment is expected to boost opportunities for consultants because of an increase in demand for providing advice, education and in reviewing client schemes, thereby increasing business volume. But those managing employer schemes...
Age discrimination dismissal linked to increased pension cost justifiable says employment tribunal
In the case of Woodcock - v - North Cumbria Primary Care Trust, the EAT ruled that employers can objectively justify age discrimination in a redundancy situation.Woodcock was chief executive of North...
New pension provider on the block as HSBC unveils its Workplace Retirement Services proposition
The global bank is vowing to become a leading player in the UK group pensions market over the next five years. HSBC says its key distribution channel will be EBCs and corporate...
Osborne’s £50k tax cap ‘more punitive than Brown tax raid’ – Noon
Noon says the changes, introduced by chancellor George Osborne, are more pernicious and more visible than Brown’s because they will be felt by individuals rather than trustees and employees. Brown’s abolition of...
Boulding calls on UK to support EU unisex annuity drive
Boulding, who is on the ABI’s pensions committee, points out that ethnic origin is a far more significant factor, yet nobody would dream of underwriting on such a basis.His comments come as...
FSA consults on GPP Handbook rule changes
The FSA has published a consultation paper outlining changes to the FSA Handbook that will bring GPPs within occupational scheme regulations, following the Government’s confirmation of the workplace pension reforms.The regulator says...
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Exclusive: Best and worst default funds over past 10 years
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Pensions Schemes Bill under threat as mandation war continues
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Wide gaps revealed in default strategy performance over three years
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Capita axed from Royal Mail Pension Scheme over ‘milestone failures’
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Guy Opperman: VfM framework should be scrapped
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Howden appoints head of employee benefits
