All-out growth or volatility control? When it comes to savers with decades to retirement it is surely one of the greatest questions those charged with managing defaults face. Of the more than 30 default funds reflected in...
A Government-led climate change report, urging the UK to target ‘net zero’ carbon emissions by 2050, is asking investors to challenge their pension fund providers to ensure they support low carbon industries....
The DB market is seeing significantly increased scrutiny from the Pensions Regulator, with a clear desire for consolidation of smaller schemes. But will the market actually see significant consolidation? The two large consolidation...
Fast-growing employee benefits and pensions consulting business Broadstone has acquired Glasgow-based Thomson Dickson Consulting (TDC) to support its growth across consulting and actuarial. The business is owned and managed by actuaries Ann Marie...
XPS Pensions Group has bought Royal London’s pensions actuarial, consulting and administration services for £4.8m. RL Corporate Pension Services Limited (RLCPS) provides pensions actuarial, consulting and administration services to 150 smaller defined benefit...
The Financial Conduct Authority (FCA) has today launched a Call for Input asking for feedback on its proposed approach to reviewing the Retail Distribution Review (RDR) and the Financial Advice Market Review...
The cost to the government of pensions tax relief was £38.4bn in the 2017/18 tax year, according to latest figures published by HMRC. This figure was £1bn higher than the previous tax...
Latest HMRC figures show that more than half a million people withdrew money from their pension fund last year – the highest number since pension freedom rules were introduced. According to HMRC 539,000...
Auto-enrolment has certainly been successful in boosting contribution levels. Opt-out rates remain low, despite stepped contribution increases, and there are now more than 10m people enrolled in workplace pensions, many of whom...
Environmental, social or governance (ESG) factors have shot up the agenda in the DC pensions sector, driven by regulatory action, political momentum and asset manager product development. But confusion remains over what...
