David Fairs: Why it’s wrong to abandon the draft DB code
Over the last few weeks, calls have been made for us to rethink or abandon the first consultation on our draft DB funding code. The arguments are that it was written in...
Over the last few weeks, calls have been made for us to rethink or abandon the first consultation on our draft DB funding code. The arguments are that it was written in...
The total deaths from Covid-19 are likely to be around 50,000 to date, almost twice the number being reported according to longevity experts Club Vita. This actuarial and insurance organisation said delays...
The Covid crash was the test that pension funds didn’t want – at least not yet. It has proved an examination of the pensions sector on so many levels. Most fundamentally it has...
For centuries we have come to expect that we will live healthier, longer lives than our parents’ generation. But research led by Sir Michael Marmot, Professor of Epidemiology and Public Health at University...
Given the tragic human consequences it may feel wrong to talk about upsides from the COVID-19 epidemic. We will certainly see a huge financial aftershock, but in the long-term current events have...
Employee benefits consultants are warning businesses they need to have adequate staff absent systems in place, in order to benefit from additional government help with coronavirus. In the Budget, the chancellor announced...
The Treasury has released a consultation on the proposed timings for the effective replacement of the Retail Price Index, a move which will impact many pension schemes. This announcement came just ahead...
The industry has welcomed the chancellor’s announcement that there will be a 'call for evidence' into pensions tax relief administration, which will cover the ‘net pay anomaly’. However, some providers have called...
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...
The Chancellor confirmed in today’s budget that he is raising the pension taper threshold to £200,000. It has previously been suggested that this threshold would be raised in order to ensure doctors...