Four out of 10 pension schemes recognise the need to move quickly on the issue of GMP equalisation of historic transfers according to research by Aon. This issue affects transfers with GMP...
The Resolution Foundation has called for a the creation of a ‘living pension’ to help savers understand what they need for an adequate standard of living in retirement. The concept is modelled...
Millions of people risk running out of money in retirement as a result of pension freedoms according to new research. An ongoing study undertaken by The People’s Pension and asset manager State...
The pensions minister has confirmed sweeping the new regulatory powers which can compel companies or individual to make additional pension contributions will not be applied retrospectively. This powers have been awarded to...
The Government has announced a major expansion of its dormant assets scheme in a bid to boost economic recovery as a result of the coronavirus pandemic. This expansion will help communities unlock...
Hymans Robertson predicts it will be another “jam-packed” year for the DC pensions market, with a renewed focus on responsible investment and ESG strategies. Head of DC consulting Mark Jaffray says: “In...
Prepare for a ‘building back better’ budget With the Budget in March and Covid-19 cases still on the rise, the Chancellor is expected to remain focused on laying out his plans for protecting jobs and providing...
There are expected to be a record number of pension schemes securing bulk annuity transfers and other risk settlement solutions in the next 12 months. Aon has predicted that this market will...
Lawyers suggest that this November’s High Court ruling concerning the Lloyds Banking Group guaranteed minimum pensions equalisation and transfers is likely to be the last of the big policy- setting court cases on...
Key data standards have been published by the Pensions Dashboard Programme, which will underpin the technology used to deliver this service. While this news has been widely welcomed by the industry, some...
