Regulation

DB pension transfer activity increased for the third month in a row in June according to the XPS Transfer Watch Index. This index gives an annualised rate that shows that for every...

More than nine out of 10 companies see more responsible business practices being a key driver of future growth, according to new employee benefit research. However, the findings suggest that for this...

Automatic enrolment has been a huge success, but it’s placed the trustees of defined contribution, occupational pension schemes (DC OPS) under significant pressure. If we just look at the numbers; the trustees...

The British pensions industry is gifted in making things more complicated than they need to be. But at its most simple there are two parts: the building up bit, and the spending...

With the shift to home working and the broader challenges that the pandemic has brought, ensuring employees’ wellbeing is looked after has been a priority for employers. The past 12 months has...

Across much of the pensions industry, member engagement is verging on non-existent. Trustees and employers are investing in high-quality communication exercises, but it is an uphill battle. The “why” behind this effort...

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...