07/16/2019

Regulator hits back over influence on USS valuation

UCU, which coordinated walkouts at 65 universities in protest at changes to USS last year, is balloting for further strike action over pay and pensions between September 9 and October 30 this year.

07/16/2019

Regulator hits back over influence on USS valuation

Charles Counsell, TPR’s chief executive, wrote: “We believe our level of engagement is commensurate with USS being the largest private pension scheme in the UK, with a very large membership and significant liabilities and is entirely appropria

07/15/2019

Warning! These 3 rules could cut your State Pension

Under the rules of the new State Pension, those reaching pension age on or after 6 April 2016, need at least 10 years of National Insurance (NI) contributions to qualify for a minimum weekly payment (about £48 a week).

07/15/2019

Warning! These 3 rules could cut your State Pension

Under the rules of the new State Pension, those reaching pension age on or after 6 April 2016, need at least 10 years of National Insurance (NI) contributions to qualify for a minimum weekly payment (about £48 a week).

07/14/2019

Pressure on deeming if RBA cuts again

Bowing to pressure from senior groups after the Reserve Bank of Australia slashed the cash rate to a record low 1 per cent this month, the government announced on Sunday it will cut deeming rates, which are used to estimate how much some pensioners earn o

07/12/2019

EIOPA IORP II opinions refuel prudential requirement fears

According to EIOPA, it encourages national supervisors “to make IORPs aware of the availability of the common framework as a tool for risk assessment and to stand ready to support pension funds in the application of the tool”