Pensions - Articles

Search Results Page 1 of 162.

1 2 3 4 5 6 7 8 9 10 11 12  Next  Last

Industry comment on the FCA retirement trend report

Industry comment, from Aegon, Just and LV=, on The Financial Conduct Authority's report Data Bulletin showing Latest Trends in the Retirement Income Market
Posted on Thursday Feb 23

Aon completes ETV for the Aon Minet Pension Scheme

Aon Hewitt has completed a bulk Enhanced Transfer Value (ETV) exercise for the Aon Minet Pension Scheme with a 33% take-up rate, which has improved the scheme’s buy-out position by £60 million.
Posted on Thursday Feb 23

Data on new trends in the retirement income market

The Financial Conduct Authority (FCA) have today published their eighth data bulletin. This edition focuses on insights from the Consumer Contact Centre, as well as the latest trends in the retirement income market.
Posted on Thursday Feb 23

16% fear they will need money from their kids in retirement

Forget the Bank of Mum and Dad – nearly one in six parents worry they will have to turn to their children for financial support in retirement, research from MetLife shows.
Posted on Thursday Feb 23

Richard Harrington comments on DB consultation

At the Association of Member Nominated Trustees’ (AMNT) Spring conference, hosted in London and attended by more than 80 members, Minister for Pensions Richard Harrington outlined the importance of taking appropriate time to assess issues and consult with the industry before deciding on proposals for the future of DB pensions, following the launch of the Government’s Green Paper on Monday.
Posted on Wednesday Feb 22

Uber, Hermes, Amazon & Deliveroo at DWP gig economy hearing

Kate Smith, Head of Pensions at Aegon comments on the appearance by Uber, Hermes, Amazon and Deliveroo before the Work and Pensions Select Committee’s inquiry into self-employment and the gig economy.
Posted on Wednesday Feb 22

Measures needed so legacy pensions profit by bulk transfers

Aegon has welcomed the DWP’s review of Bulk transfers of defined contribution pensions without member consent but has called for broader and bolder moves which it says could benefit many thousands of members otherwise left to languish in poorer performing or higher charging ‘legacy’ schemes.
Posted on Wednesday Feb 22

Ninety per cent still unsure about auto-enrolment details

As the April auto-enrolment deadline for employers’ approaches, a recent poll from Portafina has revealed the extent of current uncertainty about the Government-managed initiative.

Posted on Tuesday Feb 21

Pension Protection Fund opens consultation on new levy rule

The Pension Protection Fund has today published its consultation document on its proposed levy rule for schemes without a substantive sponsor, for inclusion in the 2017/18 Levy Determination.
Posted on Tuesday Feb 21

PLSA publish study on ESG risks facing default funds

The Pensions and Lifetime Savings Association (PLSA) has today (Tuesday) released its newly commissioned study into the environmental, social and governance (ESG) risks facing members of default funds offered by defined contribution (DC) pension schemes in the UK.
Posted on Tuesday Feb 21

DB schemes have only weeks left to reduce their PPF levy

New analysis from Punter Southall suggests many defined benefit pension schemes could see significant reductions in their PPF levy if they voluntarily submit information to Experian. The deadline to do so is 31st March however, meaning pension scheme sponsors have just a handful of weeks to act.
Posted on Tuesday Feb 21

Retirement confusion reigns because of multiple pensions

A nationwide study, carried out by Portus, revealed that nearly one in five employees have built up three or more company pension funds during their career making it more difficult to keep track of their retirement planning.
Posted on Tuesday Feb 21

Transfer values mainly unchanged during January say Xafinity

Transfer values as measured by the Xafinity Transfer Value Index were largely unchanged in January 2017. The Xafinity Transfer Index on 31 January 2017 stood at £232,600 compared with £234,000 at 31 December 2016:

Posted on Tuesday Feb 21

Additional industry comment on Green Paper on DB pensions

Additional Industry comment from Hymans Robertson, Spence& Partners and JLT Employee Benefits, on the DWP's Green Paper for security and sustainability of defined benefit pension schemes.
Posted on Monday Feb 20

Industry comments on DWP's Green Paper on DB Pensions

Industry comment from PwC, PLSA, Aegon and Barnett Waddingham on the DWP's Green Paper for security and sustainability of defined benefit pension schemes.
Posted on Monday Feb 20

DWP's Geen Paper on Security and Sustainability DB pensions

The DWP has launched a new consultation considering the security and sustainability of defined benefit pension schemes.
Posted on Monday Feb 20

Self-employed living in La La Land when it comes to pensions

Research by Aegon has revealed that many of the self-employed are not taking adequate steps to prepare for their future retirement. The research, carried out in 15 countries across the Americas, Europe, Asia and Australia, offers an interesting perspective on the self-employed’s views of retirement.
Posted on Monday Feb 20

Just says FCA annuity plan may leave customers worse off

Just has warned that retirees choosing guaranteed income for life may be left worse off unless the FCA strengthens its proposals designed to promote shopping around and switching.
Posted on Monday Feb 20

Two proposals from Old Mutual Wealth to MPAA consultation

Old Mutual Wealth feels strongly that the reduction in the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 should not be implemented as it is the antithesis of pension freedoms and it should be dropped.
Posted on Friday Feb 17

Aon MasterTrust completes Quality Assurance Framework

Aon has announced that The Aon MasterTrust has completed the master trust assurance framework, an independent review made against a defined set of criteria. The framework, produced by the Institute of Chartered Accountants in England and Wales (ICAEW), sets out how trustees should report against a series of 'control objectives' related to governance and administration of a master trust, and which are aligned with the standards set out in the The Pensions Regulator’s (TPR) DC code.
Posted on Thursday Feb 16

L&G announce strong growth for with profits policyholders

Legal & General today announced a year of strong performance of the assets held for their with profits policyholders with a return of 15.3% (before tax) for the 12 months to 31 December 2016. The company added bonuses worth £316 million to its with profits policies last year. This is lower than the £366 million added in 2015, reflecting a gradual reduction in the number of customers as policies continue to mature.
Posted on Thursday Feb 16

Comment from Aegon on pension scam consultation

Kate Smith, Head of Pensions at Aegon comments on the joint consultation by HMT/DWP to set out proposals to tackle the growing number of pension scams. These include a ban on pension cold-calling, limiting the right to make a ‘statutory’ transfer and making it harder to set up fraudulent schemes , with particular focus on strengthening the rules around ‘small self-administered schemes’ (SSASs) . The consultation closed on 13 February.
Posted on Thursday Feb 16

Trustees must act in aftermath of Brewster decision

Trafalgar House has urged trustees to make sure they act now to head off an inevitable rise in member complaints following the Brewster decision around the rights to benefits for unmarried couples in public sector schemes.
Posted on Wednesday Feb 15

Reducing MPAA could have unintended consequences says IFoA

The Institute and Faculty of Actuaries (IFoA) has responded to HM Treasury (HMT)’s consultation on proposed changes to the Money Purchase Annual Allowance (MPAA).

Posted on Wednesday Feb 15

Ban on pension cold calls should extend to texts and emails

The ban on cold calling on pensions should be taken a step further, according to The Association of British Insurers, as they call on the Government to further ban ‘cowboy’ firms from contacting consumers via all forms of digital communication.
Posted on Wednesday Feb 15

Site Search

Exact   Any  

Actuarial Login

 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS


Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.