Projected values of men’s annuity rates will fall by between 10 and 17 per cent as a result of the combined effect of new rules on mortality projections that reflect increased longevity...
New figures published by a research group of the Actuarial Profession, the Continuous Mortality Investigation (CMI) show a wide variation of mortality experience among members of different pension schemes in the UK....
Cover will be set up under the provider’s multi-employer trust, meaning employers will not need to register their own trust, andcover is therefore paid free of inheritance tax should an employee die...
The company believes the creation of an aggregated view of all state and private pensions, housed in a portal offering educational tools, would increase consumer engagement, facilitate consumer-initiated transfers and boost competition...
Photiou joins as head of workplace savings, reporting to Richard Phelps, head of Barclays Corporate & Employer Solutions.The appointment follows the recent announcement by Barclays C&ES of the launch of a Corporate...
Each platform is different but the common theme is giving employees on-line access to information and education tools plus the option to contribute towards a pension with one or more additional savings...
The survey, of more than 170 trustees and pension professionals, representing aggregate liabilities of at least £50bn, found 46 per cent of trustees expect funding levels to be worse than at the...
Last week work and pensions secretary of state Iain Duncan Smith confirmed that the government is planning to publish eligibility criteria for the new Personal Independence Payment, which will replace Disability Living...
The Revenue is reported to be in the process of rewriting its consultancy charging guidelines to fill the vacuum in the rules, but some advisers fear there are no guarantees any new...
Prior to his stint at Aegon, where he held the role of group marketing director, McMahon was responsible for the development and launch of the Axa Elevate platform, which uses FNZ. McMahon...
