XPS has called for the Department of Work and Pensions to slow down consolidation plans within the pension industry. Its comments are in response to DWP’s consultation on ‘Improving outcomes for members...
The UK pension industry is divided and cautious about the potential benefits of the regulator’s proposed new DB funding code of practice. At a recent Pension and Lifetime Saving Association session delegates...
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...
Further industry harmonisation and consensus around standardisation is needed if there is to be a smooth adoption of new regulations on ESG reporting within the pensions market. This was one of the...
Millions of individuals around the country already face a daunting task saving enough for retirement. But the challenges of saving adequately for old age are set to get much tougher due to...
Pension scheme trustees, investment consultants and asset managers face tough new regulatory requirements that will compel them to generate, process and publish reams of comprehensive data relating to climate change, carbon emissions,...
Just one in six pension schemes report that the Covid crisis has weakened the sponsoring employers ability to standing behind the scheme long term. This was the result of the latest Willis...
The Pensions Regulator has published a new corporate strategy, setting out its priorities for the next 15 years. Reflecting the changing nature of workplace pensions, this strategy outlines a shift in focus...
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...
The Pensions Management Institute (PMI) has appointed Lesley Alexander as its new president. Alexander has been a non-executive director on the board since 2018, and is already in her second term on...
