The new chancellor Rishi Sunak, has dropped plans to reduce higher rate tax relief on pensions, according to reports this weekend. Briefings suggest this change of plan comes after fierce opposition by...
Advisers have called on the government to provide urgent clarification on equalising guaranteed minimum pensions in order to address concerns by trustees and sponsoring companies. HMRC has recently published guidance about this...
Finding common ground between providers and intermediaries on UK defined contribution (DC) default fund approaches is a tricky business. In the first camp, there are those who say long investment time horizons dictate...
The Government has published further guidance on how pension schemes should deal with the equalisation of Guaranteed Minimum Pensions (GMP). This follows a high court ruling that schemes must equalise these benefits...
Hymans Robertson has promoted William Chan to the newly created role of head of DC investment. In this new position Chan, who joined the company in 2015, will lead Hymans Robertson on...
Wellness in all its forms, financial, mental and physical, has rightly become a hot topic in workplace advice. Barely a week goes by without a new or enhanced service being announced. But...
Large employers are increasingly using third parties to review financial advice given on transfers from defined benefit pensions, according to a report in the Financial Times. It found that a number of...
Concerns have been raised that attempts to restrict higher rate tax relief on pensions could “kill off” remaining DB schemes in the private sector, and create further funding issues for public sector...
US investment giant Vanguard has launched its first Sipp in the UK market. Vanguard is one of the largest global asset managers and has built its business on offering low cost passive...
One in three single-employer trusts and one in five contract-based schemes expect to move into a master trust within the next five years, according to a survey conducted by Aon. The main...
