Pensions

Reports indicate that the chancellor intends to allow pensioners (money purchase schemes only) the option of cashing in their pension annuity income in exchange for a lump sum from April 2016. This...

The government confirmed yesterday that it will launch a consultation on Wednesday, the day of the Budget, on the measures that are needed to establish a market to sell and buy annuities....

Speaking at a televised Corporate Adviser/Scottish Widows debate, Focus on Pension Freedoms earlier this month, Geale said the second line of defence requirements were not greatly different from existing consumer protection processes....

The proposition is being positioned as a solution for the many schemes that are not planning to offer full flexibility from April, meaning members will need to transfer out to a drawdown...

Lighthouse Group Employee Benefits managing director Roger Sanders has seen some SME employers being quoted in excess of £60,000 to overhaul legacy schemes, including schemes very recently adapted for auto-enrolment, to comply...

Disengaged employees and poor health is costing the UK economy around £6bn; this is certainly a figure that cannot be ignored. Research from a recent study of 5,000 workers in the UK...

Anyone reading the DWP’s paper describing how the automatic transfer policy, more commonly known as pot follows member, will be implemented may not have spotted a crucial detail set out in Annex...

Litigating to recover losses resulting from foreign exchange (FX) manipulation is new ground for pension scheme trustees and their advisers. But for Signature Litigation LLP’s financial markets litigation team, which includes partner...

Publishing the results of its consultation - Workplace pensions automatic enrolment: simplifying the process and reducing burdens on employers – the DWP has also confirmed that employers no longer need to enrol...

Populus research of 100 HR directors of companies with more than 500 employees found 63 per cent expect staff to look to their employer for retirement guidance, with 62 per cent predicting...