Group risk business up 5 per cent says Swiss Re
The report shows that annual market premiums across all three types of group risk business have risen by 5.2 per cent, from 1.51 billion in 2006 to 1.59 billion in 2007.In-force market...
Pensions
MPs attack TPR over approach to money purchase
The House of Commons committee on public accounts has issued a report slamming TPR’s achievements in raising standards of scheme governance and communications with members. It says that while TPR has information...
Pension a promise, not a commodity says O’Brien
O’Brien told an NAPF conference yesterday that new uninsured structures in the defined benefit sector were a ‘welcome addition to the rich tapestry of the pensions market’. But he also stressed that...
“No RDR opportunities for corporate intermediaries” – Fisher
The Retail Distribution Review will not open up fresh opportunities to corporate intermediaries to deliver pared down advice to employees, says Andrew Fisher, chief executive of Towry Law.Speaking at the Centaur Conferences...
Gulf of expectation between trustees and employers on wind-up says Aon
Four out of five trustees predict that their defined benefit pension schemes will still exist in ten years, despite half of employers predicting scheme wind-up within the next decade, says Aon Consulting....
UK companies “failing to document reward strategies”
Most UK companies are wasting money by not having a documented reward strategy in place, according to research from Thomsons Online Benefits. Less than one in three companies (29 per cent) have...
Dual Standards
People either seem to love or hate the idea of a higherAnnual Management Charge (AMC) on paid-up policies. To its supporters it’s the ‘Active Member Discount’ while itsdetractors view it as the...
Charges not the only barrier to the success of personal accounts
Most industry experts believe this is unrealistic given the target market and expected profile of contributions. A 0.3% charge is only achievable through heavy government subsidy. This would be unfair to both...
Business protection – the salient issues
Commentators have drawn a connection between these two events and as a protagonist for business protection I am unlikely to disagree. The share price of nearly £13 just before his death gave...
Defined benefits in retreat but lets keep targeted pensions
DB schemes were and remain popular amongst workers. And why not, few would argue against a predictable income at retirement, based on company service and earnings close to retirement. The decline in...
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Restore calls for scrapping of FCA and PRA
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Standard Life wins £6.2bn of new workplace schemes in six months
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Arboreum launches new multi-employer CDC scheme
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Industry raises concerns over how scale can impact investment approach
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Bumper growth for world’s largest pension funds as UK market contracts
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Calls for joined-up approach to pensions dashboards and IHT
