But former pensions minister Steve Webb, of Royal London, says the creation of the proposed new criminal offence of ‘recklessly’ underfunding a company pension scheme could miss its intended target and be a...
A resolution was passed at a general meeting of the company today by a majority of more than 99 per cent of shareholder votes cast. Barry O’Dwyer, chief executive of Standard Life...
Smart Pension Limited, which runs the Autoenrolment.co.uk master trust, failed to tell The Pensions Regulator (TPR) that 498 employers had failed to pay contributions that were due. Smart Pension also didn’t inform the pension scheme...
The concept of retirement has been taking a new shape in the UK. An employee’s planned retirement age is a target they can set for themselves, rather than a date determined by...
Analysis of Now: Pensions’ 1.7 million members shows residents of Cumbria are the most likely to opt out, with 8.2 per cent doing so. That is more than twice the rate of...
The report, authored by Allianz Global Investors vice-chair Elizabeth Corley, chair of the advisory group on impact investing appointed by the government, says the financial services industry should be able to answer...
The research by ShareAction found six out of nine auto-enrolment pension providers fail to take a stand on weapons investment, while seven providers are lax on tax avoidance, despite societal concerns. The...
Workchain Ltd owners and directors Phil Tong and Adam Hinkley encouraged five senior staff at the company to get the temporary workers out of the scheme so the company could avoid making...
The research, across 28 firms, found 96 per cent supported making participation mandatory for pension providers to participate to ensure full coverage. The research found 89 per cent thought information made available...
The Pension Regulator is actively supporting – if not quite championing - pension scheme consolidation for both DB and DC pensions. For DB the aim is to increase the financial resilience of...
