Consultants Broadstone has criticised government proposals to raise the general levy on pension schemes again, saying this will ‘unfairly’ target smaller schemes. The government is looking to raise additional funding from the...
Aviva's shares experienced a 10 per cent surge following reports speculating a potential takeover. This week, ongoing reports have pointed to Aviva as the primary target of a takeover attempt, resulting in...
Regulators could be given new powers to tackle under-performing pension schemes under new Value for Money legislation, with the potential sanction of closure for those that do not improve. At this week’s...
Emphasising education and awareness as part of a comprehensive financial wellbeing strategy is crucial, considering how recent external factors have impacted financial challenges for individuals across various income levels. That was the...
A “rapid collapse” in homeownership over the past 20 years could cause significant financial problems for future retirees, who may have inadequate pension savings to meet rising rental costs. Speaking at Corporate...
Redefining diversity to include cognitive perspectives, individual identities, and representation is crucial for enhancing recruitment and committee effectiveness, fostering equitable decision-making, and addressing implicit biases, especially for underrepresented members. That was the...
Regulatory and economic pressures will result in further master trust consolidation, which could see even some of the larger traditional providers effectively leaving the market. This was the stark view of LCP...
Master trust regulatory control should be transferred to the Financial Conduct Authority (FCA) because the Pensions Regulator (TPR) lacks the necessary skills and powers to properly authorise and supervise major financial institutions....
DC pension funds could benefit from investment into a “small but thriving” UK VC sector, but concerns remain about charges, and potential headwinds from DB schemes exiting the market. Toby Nangle, an...
There is no doubt that 2023 has brought significant developments to the UK pension landscape, particularly when it comes to defined benefit (DB) pension schemes and buy-outs. Rising gilt yields, changing insurer...
