Only a 1930s-style depression would have caused pension income to be cut under new collective defined contribution (CDC) schemes, according to new research from Aon. The pension consultancy said extensive analysis indicates...
Future pension reform could see further divergence between DC and DB pension regimes, with a reduction in higher rate tax relief on DC pensions only, but greater flexibility in regards to access. ...
The government is considering allowing trustees to ‘smooth’ performance charges over a longer time frame to help DC schemes invest in more illiquid assets, such as infrastructure. Speaking at Corporate Adviser’s virtual...
The state pension will be included in the first version of the pensions dashboard with the Department of Work and Pensions being one of the first data providers contributing to this project....
Market volatility since the outbreak of the global pandemic triggered wild variations in the value of defined contribution pension plans. The so-called global indicator of “fear” among investors - the CBOE VIX Index...
Over 50 per cent of pension transfers carried out since the Covid crisis have triggered a scam warning. This data was compiled for the Work and Pension Select Committe by XPS Pensions...
Ditching the state pension triple lock in favour of a ‘double lock’ is unlikely to save the government money, according to a new policy paper from the Pensions Policy Institute. It recommends...
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...
Larger occupational pension schemes and master trusts could be compelled to improve reporting over climate change risks, under proposals published by the Department of Work and Pensions today. In its consultation paper...
Complying with new dashboard regulations could cost pension schemes and providers millions, according to new research. Pension consultants LCP say that despite government assurance to the contrary, there may be significant costs...
