All articles by Aamina Zafar – Page 2
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NewsSPP highlights pensions industry apprenticeships as A-level results land
As school students across England, Wales and Northern Ireland receive their A-level results, the Society of Pension Professionals has highlighted a range of apprenticeships offered across the retirement industry.
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NewsSEI completes administration switch to XPS for master trust members
All 207,000 members of the £4bn SEI Master Trust have been transferred to its new administration provider.
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NewsMercer parent insures broker’s pension fund for £1.9bn with Standard Life
Standard Life has insured the Sedgwick Section of the MMC UK Pension Fund in a bulk annuity transaction worth £1.9bn – the insurer’s biggest single deal since entering the market in 2018.
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NewsSmart invests in renewable energy strategy as part of private markets push
The £330m move will see the master trust support innovative companies like Kensa, which manufactures ground source heat pump technology.
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NewsAdministrators spared as HMRC adjusts IHT plans, but industry warns problems remain
Death in service benefits are excluded and reporting will not be the responsibility of administrators, according to HMRC’s draft legislation for changes to inheritance tax rules.
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NewsPMI criticises omission of adequacy review from Mansion House speech
Rumours had swelled in recent days that the chancellor would use her address to announce phase two of the government’s Pensions Review.
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NewsOwn-trust DC schemes ‘have the edge’ over master trusts, research shows
Barnett Waddingham research shows that employers with larger DC schemes are not always choosing to consolidate into master trusts, with single-employer approaches winning on factors such as member engagement.
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NewsOne-size-fits-all retirement ‘no longer enough’, research suggests
Two thirds of pension savers polled by YouGov want greater flexibility when accessing their retirement savings.
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NewsPensions adequacy hangs in the balance
Hargreaves Lansdown worked with Oxford Economics to assess how pension adequacy is currently measured and how each measure works for different groups.
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NewsTPT unveils ‘groundbreaking’ retirement income offering
The announcement comes after the government published plans for default post-retirement offerings in the Pension Schemes Bill last week.
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NewsEmployers risk fines amid struggle to comply with auto-enrolment
Businesses risk non-compliance and fines after research found that just over half of employers are confident their pension scheme complies with automatic enrolment regulations.
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NewsHow DB superfunds can help remove ‘regulatory straitjackets’ from pension schemes
A report from New Capital Consensus argues for greater consolidation of DB pension schemes to support investment in productive finance.
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FeaturesMaking sense of the ‘crammed’ legislative agenda for pensions
With the Pension Schemes Bill due to be laid before parliament in the coming weeks, consultancy group LCP has attempted to make sense of the wave of new rules and regulations expected to be introduced.
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NewsMillions face retirement poverty without action on adequacy, report finds
More than a third (39%) of people polled by Scottish Widows for its latest Retirement Report are not on track for a minimum lifestyle in retirement as saving ability has been squeezed and low contribution rates dominate.
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NewsDWP to introduce CDC legislation in autumn, pensions minister says
Torsten Bell says the government will legislate later this year to allow for multi-employer and decumulation-only CDC models.
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NewsFall in deficit repair payments 'marks boost for DB sponsors'
The quarterly total of deficit reduction contributions into defined benefit schemes fell below £1bn in the second quarter of 2024, for the first time in several years.
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NewsBorder to Coast to vote against BP over weakened climate targets
The LGPS pool plans to vote against the re-election of several board members at the oil giant’s forthcoming annual general meeting.
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People NewsNew co-chair appointed at Association of Member Nominated Trustees
The Association of Member Nominated Trustees (AMNT) has appointed John Flynn as its new co-chair, taking over from Janice Turner.
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NewsGMP communication failing costs Volkswagen scheme £500
The Ombudsman awarded a member of the Volkswagen Group Pension Scheme £500 in compensation for failing to keep them updated on GMP equalisation.
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NewsAegon adds further LTAFs to default investment offering
Aegon has received regulatory clearance for two long-term asset funds (LTAFs) as it continues to add private markets exposures to its defined contribution master trust.