01/15/2021
TPR issues update on funding proposals
The draft Code will contain firm proposals, with TPR saying "we will certainly take account of COVID-19 when...we develop Fast Track guidelines".
01/15/2021
The draft Code will contain firm proposals, with TPR saying "we will certainly take account of COVID-19 when...we develop Fast Track guidelines".
01/15/2021
This arises because TPR expects all schemes (whether they adopt fast track or bespoke compliance) to reach their long-term target by a fixed date - which will depend on each scheme's maturity.
01/15/2021
Looking ahead however, the firm found that just 14 per cent of respondents viewed the approach of TPR as the most significant factor in determining how pension schemes of distressed employers will fare in the year ahead.
01/14/2021
The DWP's Review of the Default Fund Charge Cap and Standardised Cost Disclosure was launched in June 2020 and ran through until August, seeking responses from trustees, providers, civil society organisations, scheme members and other stakeholders.
01/14/2021
The official said currently, the university was unable to pay pension to retired employees at the beginning of every month and that payment was made in the middle of the month.
01/14/2021
The U.K. government found in a 2020 Pension Charges Survey and consultation evidence that DC plans in the U.K. already pay fees below the flat fee, at around 0.48%.
01/13/2021
SMSFA deputy chief executive and director of policy and education Peter Burgess said the change will be appreciated by a minority of SMSFs affected.
01/13/2021
“Corporate decision makers should not be in a position of facing new penalties for actions taken in the past”.
01/13/2021
Research suggests that £100 saved in a workplace scheme by an employee aged 22 could be entirely wiped out by fees during their employment career.
01/13/2021
Some EU watchdogs are not enforcing mandatory clearing for trades between region’s banks and UK pension schemes
01/13/2021
What is disappointing is that there is no undertaking that the Regulator will provide guidance on the new Contribution Notice tests.
01/13/2021
Government had amended the National Pensions Law to allow local workers to make withdrawals from their pension accounts.
01/13/2021
Government had amended the National Pensions Law to allow local workers to make withdrawals from their pension accounts.
01/13/2021
Covering note and multiplier tables for public service pensions in 2021.
01/12/2021
The actuaries, looking years into the future, have to make assumptions about numbers of current and future retirees and crucially, the expected returns on the invested funds (now just over $4 billion).
01/12/2021
Kate Smith, Head of Pensions at Aegon, comments on the Government’s response to the consultation on expanding the Dormant Assets Scheme*.
01/12/2021
The agreements saw Metropolitan Tower Life Insurance Company providing reinsurance to Legal & General to cover the longevity risk associated with roughly $2 billion of combined pension liabilities.
01/12/2021
Over fourty years years have passed, and CFD trading remains as instrumental to the British electronic markets structure in the retail sector, with very little to have diminished its progress.
01/12/2021
“Beginning to realise how sophisticated scammers were becoming, and then having investigated the ease of external support that was available, we thought a simple tool, that anyone could use, could be a great sense check before they proceed with a tr
01/12/2021
Old Mutual and PPC remain suspended from trading on the ZSE.