The Government recently unveiled plans to crack down on pension scams by proposing a change to the definition of a statutory transfer. We all understand that members have the right to transfer...
The number of people affected by both the annual and lifetime limits on pension has increased again, according to latest HMRC data, fuelling calls for simplification of these restrictions. LCP partner and...
Employee benefits and pension consultancy Premier has launched a new value for member (VFM) assessment service to help trustees negotiate new regulations. This service is designed to give trustees and employers early...
Advice firms that use contingent charging have been far more likely to recommend a DB transfer than those using non-contingent fee options, according to new FCA data. LCP obtained this information following...
Willis Towers Watson has launched a new governance guide for trustees to help schemes navigate The Pensions Regulator's new combined code. This guide offers practical guidance on the steps pension schemes should...
The Pension Regulator has taken action to improve the funding of healthcare company Sanofi’s defined benefit pension scheme. The French-based multinational company, which has been involved in Covid vaccine trails, was warned...
Legislation that will give trustees greater powers to block potential ‘scam’ transfers may not go far enough, and could fail to flag up one in three scams, according to data from XPS. ...
Lincoln Pensions has launched a new scheme projection and risk modelling tool for trustees and sponsors. This new tool has been created ahead of The Pension Regulator’s new funding code of practices,...
Only a quarter of pension trustee boards are independently reviewing their scheme’s governance, despite this being proposed in forthcoming regulation from The Pensions Regulator. A report, by Willis Towers Watson suggests the...
The challenges for retirees have seldom been greater. Unlike the days when purchasing an annuity was commonplace for defined contribution (DC) savers, and many could rely on a defined benefit (DB) pension for...
