Employers need to review excepted group life assurance arrangements before the abolition of the lifetime allowance (LTA) on 6 April this year, according to a leading consultancy firm. Quantum Advisory has warned...
The Department of Work and Pensions has published a revised timetable of staging dates for connections to the pensions dashboard. The largest schemes, which includes master trusts with 20,000 or more members...
Aon is suggesting that the Pension Regulator’s (TPR) proposed Statement of Strategy may grant employers more influence over investment decisions for mature defined benefit (DB) schemes. The existing proposal requires that when...
First Actuarial has appointed Catherine Lockyer as head of financial wellbeing. Lockyer has experience working with employers to empower employees in managing their finances and improving their financial well-being. She brings experience...
Aviva has launched the first ‘flexible’ workplace pension for Bolt’s taxi drivers. All UK private hire vehicle drivers registered on the Bolt platform will have access to this pension while remaining independent contractors. ...
Four out of 10 larger DB schemes are looking for a full buyout within three years, according to new research. The survey found the overwhelming majority of larger DB schemes were now...
The Just Group, Legal & General, Moneyhub, and Standard Life, which operate pension dashboards, have joined forces to launch a new industry coalition called the Dashboard Operators Coalition (DOC). The aim of...
Half of DB pensions schemes expect to move to the corporate sole trustee model by 2028, according to research amongst finance directors and CFOs of schemes by Hymans Robertson. More than a...
Over £50bn of retirement savings is at risk of being 'lost', due to the proliferation of multiple pension pots according to analysis by the Centre for Economics and Business Research. The research,...
Pensioners' income has seen a decline in the last two years, according to the latest Family Resources Survey for 2022-23. In 2022-23, the average income for pensioner couples stood at £561 per...
