Mercer is the latest consultancy firm to warn that proposed government regulations will accelerate the demise of DB schemes - potentially causing problems for sponsors, trustees and DC schemes. In a strongly...
New DB regulations will force employers into a ‘one-size-fits-all-straightjackets’, which could leave some sponsors facing insolvency, according to consultants LCP. It says introducing a cut-off date for schemes to reach funding targets...
Fintech provider Tumelo is calling for the Financial Reporting Council’s (FRC) UK Stewardship Code to be updated, to ensure pension schemes engage with members on ESG issues. It says an improved code...
Public opinion is not broadly supportive of government plans to encourage pension schemes to invest in assets, infrastructure or projects to boost the UK economy, preferring a focus on pure investment returns....
Pension providers are calling for the introduction of 'personalised guidance' and demanding a level-playing field between trust- and contract-based in response to the the government’s latest consultation on helping savers understand their...
The Department of Work and Pensions has published a new consultation on two issues relating to the pensions dashboards. These cover the way in which the ‘go-live’ date will be announced, alongside...
The financial position of the UK’s DB schemes continued to improve this month, with schemes eligible for the Pension Protection Fund reporting an aggregate fund surplus of £261.6bn at the end of...
The Department of Work and Pension has raised the possibility of Nest offering income drawdown and a far wider range of retirement options, as part of its consultation on helping savers understand...
After several years of discussions with politicians and the industry, in January this year the Pensions Regulator (TPR) published its first draft of planned CDC legislation. The consultation closed in March and...
Despite a huge correction exercise currently being undertaken by the Department of Work and Pensions (DWP) on historic state pension awards, errors are still being made on new state pension awards according...
