Advisers wanting to access the new service must have suitable middleware, such as a benefits platform, to handle the administration of flex schemes. The middleware must be capable of calculating premiums from...
Munro’s departure from the fund, which has been widely used as a default fund within group pension schemes, follows that of three other members of the GARS investment team late last...
This followed stable demand in 2011 when policies edged down by 0.1 per cent, but a sizeable contraction in policy numbers of nearly 8 per cent overall during 2009 and 2010. Findings...
The EAP Market Watch 2113 report shows 13.2m employees are now covered by EAPs, up from 8.2 million employees 2008.The report found 23 of the top 25 companies listed in the 2013...
The global bank, which is the UK’s second biggest company with a market cap of £135bn, says it will no longer look to distribute corporate pensions through intermediaries. Launched in November 2010,...
Nest says no members’ money was taken but admits that if the £1.4m is not recovered, its loan will be increased by an equivalent amount and members will end up ultimately paying...
The report highlights the extent to which pensions tax relief is concentrated on higher earners, with basic rate taxpayers paying 50 per cent of all contributions but only receiving 30 per cent...
The firm’s American parent, consultancy giant Arthur J Gallagher, sees growth potential in the UK and acquisitions of businesses operating in the DC pension consulting, auto-enrolment and risk and health benefits sectors...
A new draft code for the running of occupational trust-based DC schemes has been laid before Parliament and the Northern Ireland Assembly today and is expected to come into force in November...
In an update issued today the OFT also raised concerns over the small scale of some schemes, opacity of charging structures and poor value pre-stakeholder charging structures. Labour has latched onto the...
