Future pension reform could see further divergence between DC and DB pension regimes, with a reduction in higher rate tax relief on DC pensions only, but greater flexibility in regards to access. ...
The government is considering allowing trustees to ‘smooth’ performance charges over a longer time frame to help DC schemes invest in more illiquid assets, such as infrastructure. Speaking at Corporate Adviser’s virtual...
There is a growing expectation among pension experts that the government will introduce legislation to ensure larger scheme invest a proportion of assets in UK infrastructure. Such a move would be welcomed...
The state pension will be included in the first version of the pensions dashboard with the Department of Work and Pensions being one of the first data providers contributing to this project....
The Pension Protection Fund levy looks set to reduce during 2021/ 22 according to a consultation paper put out by the organisation. This paper proposes a reduction in the overall levy to...
The Pension Policy Institute research paper on the sustainability of master trusts, made me ask two questions which I do not see addressed in the report. What about the customer? And why...
The new rules, including the ban on contingent charging, in FCA Policy Statement 20/6, come into effect next month and we are already starting to see advisers change their processes and pricing....
Up to 1.5m scheme members are still owed backdated payments due to the equalisation of guaranteed minimum payments — and in some cases refunds could be worth up to £25,000. This research...
Over 50 per cent of pension transfers carried out since the Covid crisis have triggered a scam warning. This data was compiled for the Work and Pension Select Committe by XPS Pensions...
Almost half of those currently on DB transfers say they are unsure whether they will still be active in this market in a year’s time, according to new research. More stringent regulation...
