All Features articles – Page 7
-
Features
Trustees back partial transfers for big pension pots
Data crunch: The number of schemes offering partial defined benefit transfers is increasing, with the option being targeted at members with large transfer values, new data show.
-
Features
More action needed to help self-employed women
Analysis: Reform should be pushed up the agenda to support self-employed women and reduce the biggest challenges of the gender gap, experts say.
-
Features
Trustees insulated from Rothesay-Pru back-book fallout
While a court’s decision to block a £12bn annuity back-book deal between Prudential and Rothesay Life has profound implications for the insurance industry, experts say defined benefit trustees should be safe as long as they do their homework on bulk annuity providers.
-
Features
Civil service admin issues signal wider malaise
The government is recouping £2.7m in overpayments to civil service pensioners, but experts warn issues with administration, data and technology continue to impact members and businesses across the industry.
-
FeaturesApp targeting self-employed aims to ‘democratise investment’
With fewer than a fifth of the UK’s self-employed population saving into a pension, one start-up has challenged traditional providers and savings solutions in a bid to address the issue.
-
Features
Barnet sees improvement in admin following regulatory intervention
The London Borough of Barnet Superannuation Fund has introduced a range of new internal controls to improve its administration in response to sustained criticism of its service levels and intervention by the Pensions Regulator.
-
Features
Are you responsible?
WEALTH at work’s Jonathan Watts-Lay looks into who is held responsible if a member transfers benefits and is subsequently found to have been scammed.
-
Features
How can UK climb up global pension rankings?
Data Crunch: The UK is now the fourteenth-best pension system in the world scoring a C+, according to the 2019 Melbourne Mercer Global Pension Index, but low adequacy and sustainability scores suggest there is still a long way to go to improve retirement outcomes for members.
-
FeaturesMinimum AE contributions cannot achieve ‘comfort’ in retirement
The industry has welcomed the Pensions and Lifetime Savings Association’s retirement income standards, but experts warn current minimum contribution levels are not enough to get average savers over the line from a minimum to a moderate lifestyle standard.
-
Features
Can schemes save members from retirement age lottery?
Analysis: Workers risk missing out on optimum retirement savings by not supplying their workplace pension provider with an intended retirement age, experts warn. But in the age of inertia, what can be done?
-
Features
Government must revise AE or ‘risk leaving a whole generation behind’
Current minimum automatic enrolment contribution levels are not enough to plug the savings gap, with more savers expecting to work well into retirement, say experts.
-
Features
Buy-in pricing could improve in post-Brexit world
Brexit volatility could be a good thing for defined benefit pension schemes looking to insure liability risk, according to experts.
-
Features
Industry cool on VC despite patient capital drive
The government has doubled down on its view that no change to the level of the charge cap is needed to encourage defined contribution schemes to access venture capital investments, but some experts doubt whether such high-risk investments are a fit for default funds in the first place.
-
Features
Catherine Howarth: ESG statements are just the start
Pension schemes are engaging with issues such as climate change more than ever before, but there is still a lot of work to do before the industry starts seeing real implementation and delivery, says ShareAction’s chief executive, Catherine Howarth.
-
FeaturesExperian staff up contributions following education programme
Credit score provider Experian has rolled out a pensions education programme for its staff, leading to 29 per cent of employees increasing pension contributions and 70 per cent asking for further guidance.
-
FeaturesWhy your default is drowning in liquidity
Why yourdefault isdrowningin liquidity Defined contribution pension savers are long-term investors, so why are their trustees shying away from illiquid assets like infrastructure? Sophia Imeson investigates the barriers to real asset investments, and what a long-term portfolio would ideally look like.Enterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica ...
-
Features
Delivering value to members is about more than scheme costs
Data crunch: Low costs and charges alone do not guarantee good value for members’ pension savings, research by the Pensions Policy Institute shows.
-
Features
BAE Systems brings in new default to target drawdown
The BAE Systems Pension Scheme has put in place a new defined contribution lifestyle option targeting drawdown, giving members more flexibility following the introduction of freedom and choice.
-
Features
‘Powerless’ employees see AE minimums as recommendations
Data Crunch: Pension savers wrongly think minimum contribution levels required under automatic enrolment are the government’s recommendation for how much to save, research has revealed.
-
Features
Pension deficit red flags could shake shareholder confidence
Data crunch: Companies with large defined benefit pension deficits risk seeing their share price drop as investors stay away, after equity analysts raised questions over whether their pension plans need urgent topping up.