Pensions

The BT Pension Scheme - the UK’s largest company pension - will aim for its portfolio to be net zero, in terms of greenhouse gas emissions, by 2035.   The new climate...

Retirement fintech provider Smart is launches its pensions business in the US today.  Smart already offers a master trust in the UK, which now runs over 70,000 retirement plans on it. The...

Only a 1930s-style depression would have caused pension income to be cut under new collective defined contribution (CDC) schemes, according to new research from Aon. The pension consultancy said extensive analysis indicates...

The Pensions Management Institute (PMI) has appointed Lesley Alexander as its new president. Alexander has been a non-executive director on the board since 2018, and is already in her second term on...

The next pension misselling scandal will be centred around pension schemes' lack of action around climate change issues, and any schemes not targeting the Paris accord targeting limiting climate increase to 1.5...

Collective defined contribution (CDC) schemes will deliver retirement income on average 70 per cent higher than annuities bought through traditional DC saving, and 40 per cent higher than typical DB structures, according...

Many smaller single trust pensions could face problems switching to a master trust structure in the second half of this year, due to the volume of transfers being carried out. Investment consultants...

Three out of four HR and finance directors are looking to review their employee benefits package as a direct result of the Covid pandemic.  Speaking at a panel at the Corporate Adviser...

Future pension reform could see further divergence between DC and DB pension regimes, with a reduction in higher rate tax relief on DC pensions only, but greater flexibility in regards to access. ...

The government is considering allowing trustees to ‘smooth’ performance charges over a longer time frame to help DC schemes invest in more illiquid assets, such as infrastructure.  Speaking at Corporate Adviser’s virtual...