The government should change the regulations around DB surpluses, to help boost investment into DC pensions and encouraging greater investment into the UK economy, according to a new report. Analysis by XPS...
Fintech adviser OpenMoney is closing its employee benefits platform WorkLife, amid ongoing disputes about redundancies and staff pay. The firm has faced difficulties since new owners took over the business in May...
Savers who were wrongly advised to transfer out of DB schemes will now receive significantly less compensation as a result of spiralling annuity rates. In some cases people who would have received a...
The government have been urged to slow down implementation of retirement ‘default’ arrangements, including decumulation-only CDC, and focus instead on legislative changes that will improve member engagement. The comments were made by...
The Pensions Regulator is urging trustees to offer members a ‘midlife MOT’, to help with future retirement planning. It says schemes should make the most of the resources now available via the...
The number of people overtaxed on flexible pension withdrawals continues to soar, with latest HMRC figures showing rebates for the second quarter of this year were £8m higher than in the first...
Social media ‘finfluencers’ face tough new rules, as the regulator aims to improve the way that financial products are promoted online. The regulator says its proposed new rules are designed to improve...
SPONSORED COPY At 54%, the ethnicity pensions gap in 2023 is stark. To what extent is a lack of trust in the investment industry stopping pensions from reaching their full potential? In...
The Government has proposed introducing a permanent ‘superfund’ regulatory regime to provide employers and trustees with a new way of managing DB liabilities. The Department of Work and Pension is calling for...
With the cost of living having increased, employees may be feeling more worried about their financial situation – potentially leaving them more vulnerable to pension scams. Employers, though, can play a part...
