All Department for Work and Pensions (DWP) articles – Page 18
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News
Think tank calls for pensions triple lock to be scrapped
On the go: The pensions triple lock should be scrapped following the coronavirus crisis so that all generations pay their fair share to meet the costs of the pandemic, according to a think tank.
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News
DB schemes to face major data exercise for dashboards
New requirements to translate defined benefit pensions into an annual income in today’s terms could mean trustees and administrators face a major data exercise to comply with the pensions dashboards, according to experts.
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News
Protheroe: From employee 37 to PPF board member
Fifteen years after joining the Pension Protection Fund as employee number 37, Sara Protheroe has now been appointed to the lifeboat’s board.
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News
Govt revokes general levy increase
On the go: The government has revoked the new regulations on the general levy, which would see an increase for pension schemes of 10 per cent, due to the Covid-19 crisis.
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News
Questions remain about AE contributions in govt scheme
On the go: Government's announcement that it will cover employer auto-enrolment pension contributions for furloughed workers still leaves many questions unanswered, such as how it will operate for defined benefit schemes, an expert warned.
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OpinionTrustees cannot afford to ignore trans discrimination issues
Transgender rights are moving up the political and social agenda as increasing numbers of people identify with a gender that is different to that at birth.
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OpinionMinister wide of the mark on self-employed
Instant analysis: Speeches made by government ministers at the Pensions and Lifetime Savings Association's conferences are one of the year's highlights for pensions policy-watchers, and often say as much about the person as the policies they launch.
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News
Opperman to legislate for DC consolidation
On the go: The minister for pensions and financial inclusion has unveiled plans to force the consolidation of subscale defined contribution arrangements.
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NewsTCFD reporting confirmed as climate guidance takes shape
Trustees should stress-test their portfolios against a range of climate change scenarios, according to provisional guidance launched on Thursday, as pensions minister Guy Opperman warned of consequences for those in dereliction of their duties.
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News
Maps refuses to give public dashboard launch date
On the go: The chair of the Money and Pensions Service has declined to give a launch date for the public pensions dashboard, since there are too many variables to be considered at this time.
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OpinionWhat HMRC’s guidance means for GMP in 2020
Conducting guaranteed minimum pensions equalisation is like assembling flat-packed furniture: just when you think you’re getting there you realise you’re missing half the screws.
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Features
Camden grills manager as ESG pressure mounts
The £1.7bn Camden Pension Fund has placed one of its managers under review over concerns that it would not be able to comply with the scheme’s climate risk reporting requirements.
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News
KPMG pensions spin-off targets industry modernisation
On the go: KPMG’s former pensions advisory business has relaunched as Isio following its sale to a private equity backer, with the new company looking to grow its consolidation offering and improve the industry’s use of technology.
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News
Schemes unable to handle member information requests
On the go: Testing of pension schemes and providers' ability to meet savers' requests for information about their benefits has uncovered a litany of failings.
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NewsRegulator’s ESG letter ‘as vague as trustees’ statements’
The Pensions Regulator’s response to schemes not publishing newly required statements of investment principles has been lambasted by the non-profit that first uncovered the extent of non-compliance.
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News
Auto-enrolment process creates 'employee underclass'
Three out of four pensions professionals say employers should be free to statutorily enrol any employee they wish, even if current auto-enrolment age and earnings criteria are not met.
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News
DWP: Government will not dictate schemes’ ESG investments
The government insists it is not intervening in pension scheme investment strategies with a climate change amendment to the pension schemes bill introduced earlier this month.
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News
Maps to survey schemes on dashboard challenges
On the go: The Money and Pensions Service has commissioned qualitative research to understand the challenges pension schemes face with providing data for the pensions dashboards.
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News
DWP self-employed savings trials disappoint
On the go: A Department for Work and Pensions trial of techniques to encourage more self-employed workers to save into a pension pot has failed to persuade many to log into their accounts.
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NewsIR35 could be employment minefield
Analysis: Many employers are ill-prepared for the pensions fallout of a complex new tax fairness rule that comes into force in just six weeks’ time, experts have warned.