Hymans Robertson predicts it will be another “jam-packed” year for the DC pensions market, with a renewed focus on responsible investment and ESG strategies. Head of DC consulting Mark Jaffray says: “In...
Prepare for a ‘building back better’ budget With the Budget in March and Covid-19 cases still on the rise, the Chancellor is expected to remain focused on laying out his plans for protecting jobs and providing...
Lawyers suggest that this November’s High Court ruling concerning the Lloyds Banking Group guaranteed minimum pensions equalisation and transfers is likely to be the last of the big policy- setting court cases on...
Rumours that the chancellor will look to reduce higher rate tax relief on pensions, to help make cost savings in a post Covid environment, have surfaced again. There has been speculation that...
The scale of pension fraud appears to be far in excess of figures reported to Action Fraud. A report published by The Police Federation highlights the scale of the problem, saying this...
The government should legislate to give pension companies and regulators greater powers to help prevent fraud and protect savers. This should include the ability to stop transfers they believe are fraudulent, even...
Learning from other countries’ pension reforms is difficult to do as the political and economic context from which such systems emerge are often very different. This means that it is not usually...
Insurers have given a cautious welcome to calls to simplify pensions tax relief but have warned a “pensions Isa” could undermine the success of auto-enrolment. Yesterday the ABI called for the government...
Reports of the death of pensions tax relief have, like Mark Twain nearly wrote, been much exaggerated. I’m more guilty than most, given I’ve written a lot of those reports, inevitably on...
The increase in the minimum wage — now called the National Living Wage — announced in today’s Budget, should see more money heading into auto-enrolment pension funds. Chancellor, Rishi Sunak, confirmed that...
