Pensions

The GMP Equalisation Working Group, a cross party body, has issued its latest guidance for pension schemes. This new guidance relates relates to making corrections as a result of GMP reconciliation, known...

Fintech company Iress has acquired O&M Systems — a firm providing pension and investment data and comparison tools for financial advisers. O&M, which started in 1992,  has over 2,000 clients. This includes...

Aon has warned trustees that they need to get to grips with virtual meetings to ensure business continuity for pension schemes during this period of upheaval. With coronavirus causing serious health problems...

Why is there so much focus on ESG at the moment? ESG has definitely passed a tipping point over the last 12 months, with everyone talking about it now and lots of...

At the start of 2020, it could be said we are living in interesting times. Over the past couple of decades, society has come a long way and while the pace of...

The Pensions Climate Risk Industry Group (PCRIG) has launched a consultation on the new guidance it is publishing for  trustees. This guide is designed to help trustees meet existing legal obligations, when it...

The rate at which individuals are using pension freedoms to access their pension funds continues to surprise official forecasters, bringing the Treasury an extra £400m a year, according to papers published alongside...

The Treasury has released a consultation on the proposed timings for the effective replacement of the Retail Price Index, a move which will impact many pension schemes.  This announcement came just ahead...

The industry has welcomed the chancellor’s announcement that there will be a 'call for evidence' into pensions tax relief administration, which will cover the ‘net pay anomaly’. However, some providers have called...

The increase in the minimum wage — now called the National Living Wage — announced in today’s Budget, should see more money heading into auto-enrolment pension funds. Chancellor, Rishi Sunak, confirmed that...