TPR outlines new 15-year strategy
The Pensions Regulator has published a new corporate strategy, setting out its priorities for the next 15 years. Reflecting the changing nature of workplace pensions, this strategy outlines a shift in focus...
News
Majority of middle-aged fail to get pension forecast
More than one in two middle-aged savers have not calculated when they can afford to retire, according to research. Aviva found that six out of 10 (63 per cent) mid-life adults, aged...
PLSA appoints technology expert to board
The Pensions and Lifetime Savings Association has appointed two new non-executive directors to its board. The appointments include Dave Coplin, who has 25 years’ experience working for Microsoft, where he worked as...
Three out of four companies to enhance employee benefits post Covid
Almost three out of four employers (73 per cent) say they intend to enhance their employee benefits packages in response to the Covid-19 crisis. These finding were contained in Gallagher’s latest Benefits...
LGIM moves all DC investors to Future World through climate pledge
Legal & General Investment Management (LGIM) is moving the equity investments in all its main default funds across to its Future World fund range as part of its Climate Impact Pledge unveiled...
Industry rounds on Govt plans for home-buyers to raid pensions
The pensions industry has been highly critical about plans floated by the government to allow first-time buyers to use pension savings for a house deposit. This suggestion was made by the pension...
Covid increases DB deficits by £50bn
The Bank of England’s decision to cut interest rates in response to the coronavirus crisis have driven defined benefit deficits higher, with UK pension schemes facing a funding hole of £166.1bn by...
PLSA proposes new ‘at-retirement’ regulations
The Pensions and Lifetime Savings Association (PLSA) is calling for the establishment of a new regulatory framework to help savers with the complex decisions they face accessing their pension at retirement. The...
‘Flawed’ investment pathways could lead to misselling: AJ Bell
AJ Bell CEO Andy Bell has written to the newly appointed FCA chief executive warning proposed investment pathways could potential create a new misselling scandal. In the letter Bell highlights the “consumer...
Larger SMEs failing to promote wellbeing services
More employees working for smaller companies trust their employer to look after them, when compared to those working for larger SMEs, despite the fact these larger organisations are more likely to have...
