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,...
A gradual increase in the amount of limited term income protection appears inevitable as it more accurately reflects the employer’s perception of their responsibility towards their employees, said delegates at the Welfare...
While there’s resistance to the plans, especially from the medical profession, the government points to the potential savings, and therefore the sustainability of the NHS, as its motivation. Although the reform programme...
Talk to multi managers and you get the impression that they are making a huge impact on the defined contribution market.Certainly taken at face value the multi-manager approach should be a suitable...
Departing employees such as Wernham Hogg’s David Brent could face higher pension AMCs Active member discounts (AMDs) starkly divide opinion in the pensions industry.For some they represent a reasonable charging structure, rewarding...
Maintaining a position as the biggest group pension provider in the UK without paying initial commission means Standard Life chief executive David Nish must be doing something right.Fifteen months after taking over...
April 6, 2011 marks a major sea change for the UK pensions landscape, with the annual allowance for pension contributions falling from £255,000 to £50,000.When the pension tax system was “simplified” on...
