A number of DC pension schemes have been wound-up after failing to satisfy the regulators new ‘value for member’ assessments. The Pensions Regulator has already fined one corporate trustee for failing to...
Superfund Clara-Pensions will take over the £600m Debenhams Pension Scheme, ensuring that 10,400 employees of the former department store will get their pensions paid in full. This is the second pension scheme...
The Department for Work & Pensions (DWP) consultation on its ‘pot for life’ proposals closed in January, eliciting strong industry debate from those in favour and those against. Beyond the theorising, however,...
Do we need to consider the UK’s housing and pensions strategies together? The pattern of home ownership appears to be changing in the UK, with a growing number of retired renters. But could...
The Chancellor, in his Autumn Statement, asked the FCA to take action to remedy the problem of misapplied charges disclosure regulations which force investors to sell UK-listed investment trusts, driving pension funds...
The Pensions Regulator is undergoing a period of transformation to ensure it remains “fit for the future” according to its chief executive Nausicaa Delfas. In a keynote address at the JP Morgan...
The plight of former members of the British Steel Pension Scheme (BSPS) who were advised to give up their defined benefit (DB) pensions in favour of individual defined contribution (DC) pots is...
The UK pensions industry has expressed concerns about elements of new government proposals to reform the DC pensions market. At the weekend Chancellor Jeremy Hunt unveiled plans to boost disclosure requirements, forcing...
Legal & General is the latest pension provider to back the introduction of ‘targeted support’ as part of a regulatory shake-up of advice and guidance. In its response to the discussion paper...
The Pensions Policy Institute has warned that the adoption of a lifetime provider model - or pot for life - is likely to be be costly for schemes and employers, and could...
