Pension reforms to cost UK companies £40bn
New rules designed to protect company pension schemes could cost UK employers an extra £40bn over the next decade, according to new figures from LCP. The consultancy firm has conducted an impact...
New rules designed to protect company pension schemes could cost UK employers an extra £40bn over the next decade, according to new figures from LCP. The consultancy firm has conducted an impact...
Pensioners will see their state pension rise at five times the current rate of inflation next April, as the triple lock kicks into effect. The Office of National Statistics published inflation figures...
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...