We’ve all seen the news by now: the Pension Schemes Bill has once again changed form, and perhaps for the better. Yesterday’s reading at Parliament sent a clear signal: by amending fiduciary...
Government figures show that 3.3m workers currently using salary sacrifice will be impacted by the changes announced in the recent Budget. These figures were contained in the latest impact assessment, which showed...
Aberdeen Group will replace Stagecoach as the sponsor of its £1.2bn pension scheme, in the first of its kind deal. Under the terms of the deal, a £50m surplus will be shared...
There is widespread support for Retirement CDC, but pension providers and consultants have warned the proposals carry significant complexity, so the government shouldn't "oversell" this new option as a default retirement solution....
Group life schemes provide employees with a cheap and impactful benefit. In reality, few of us will die while of working age, but for those that do, a substantial lump sum can...
Donald Trump is looking at introducing an Australian-style DC pensions system into the US, a move that would create a sector with colossal levels of assets under management (AUM). Trump told journalists...
Twelve years ago my old boss penned a column in an IFA trade newspaper headlined: “Is Steve Webb p***ing in the wind on defined ambition?” So much has changed in the intervening...
After a year of celebrating targeted support as a concept, the industry is now shifting from principle to practice. Providers are preparing applications, building data strategies and mapping communications, all while trying...
The UK’s four million Muslims are poorly served by the pensions industry, and we need innovation from regulators, government, providers and industry professionals if we are to build a system that is...
Reckless conservatism is destructive to DC pension outcomes, so prioritise equities within default funds to drive better returns. That is the headline message from Stéphanie Payet, private pensions analyst at the OECD....
