The Pensions Regulator will introduce guidance for trustees on new government ‘nudge’ tactics, designed to encourage DC savers to contact Pension Wise prior to retirement. The Department of Work and Pension say...
XPS has called for the Department of Work and Pensions to slow down consolidation plans within the pension industry. Its comments are in response to DWP’s consultation on ‘Improving outcomes for members...
Nest is calling for both employers and female employees to take “small steps” in order to ensure more equal pensions. Its latest analysis suggests that the average women in full-time employment in...
Further delays appear to have hit the pensions dashboard, with the group tasked with implementing this initiative confirming it will not be fully operational until 2023. This is the date by which...
As trillions of dollars flow into sustainable investments and high-carbon assets are written down by oil companies, environmental, social and governance (ESG) themes are influencing investment decisions on an ever-increasing scale and...
The UK pension industry is divided and cautious about the potential benefits of the regulator’s proposed new DB funding code of practice. At a recent Pension and Lifetime Saving Association session delegates...
New rules designed to protect company pension schemes could cost UK employers an extra £40bn over the next decade, according to new figures from LCP. The consultancy firm has conducted an impact...
Further industry harmonisation and consensus around standardisation is needed if there is to be a smooth adoption of new regulations on ESG reporting within the pensions market. This was one of the...
One of the biggest challenges in selling insurance products is that they are effectively intangible. They promise that if something happens, at a later date, the insurer will be there to pay...
Millions of individuals around the country already face a daunting task saving enough for retirement. But the challenges of saving adequately for old age are set to get much tougher due to...
