Most defined benefit (DB) pension schemes are either already planning to share surplus funds or will consider doing so soon, according to an upcoming LCP survey. Larger schemes are particularly interested, with...
The cost of the Minimum retirement lifestyle has fallen, with a two-person household now needing £21,600 per year and a one-person household £13,400, which is a £1,000 drop from last year. According...
More than nine out of 10 LGBTQ+ individuals would seek advice about their retirement options, but one in three said they are unsure who to trust, according to new research. To mark...
Barnett Waddingham has appointed five new partners to the business following its recent acquisition by Howden. The five new partners are Lewys Curteis, (DB pensions consulting), Julien Masselot (insurance and longevity consulting)...
A new industry group has been formed to raise awareness of the importance of business protection insurance among the advisory community. The group is a collaboration of advisers, insurers, reinsurers and other...
The government has stepped back from proposals to regulate consultants advising employers on pension schemes — stating that it hopes the new Value for Money framework will help drive the market away...
DC schemes will be allowed to make bulk transfers of assets into better-performing ‘mega funds’ under legislation announced today. The government has outlined details of the Pension Investment Review, designed to create...
Smart Pension has launched a new investment strategy that will see 15 per cent of its main growth fund invested into private markets — exceeding the requirements of the Mansion House Accord. ...
Trustees and pension professionals say the majority of DB schemes they are advising on wind-up are looking at a ‘material surplus’ of funds, which could be distributed to employers. At a recent...
Changes to salary sacrifice are ‘firmly on the government’s agenda’ according to a leading pensions expert, following HMRC research on this issue. HMRC has today published research conducted among employers, looking at...
