All Guy Opperman articles – Page 3
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DWP tenders for midlife MOT pilot providers
On the go: The Department for Work and Pensions has launched a tender for suppliers to help deliver midlife MOTs as part of the programme’s pilot stage.
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Timms urges Opperman to reconsider FAS compensation cap
Work and Pensions Committee chair Stephen Timms has asked pensions minister Guy Opperman to reconsider the interest on arrears and the application of the compensation cap for Financial Assistance Scheme members.
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Government urged to revise at-retirement guidance to help trustees
On the go: Panellists at the Pensions and Lifetime Savings Association’s investment conference have called for a revised framework for at-retirement guidance to allow trustees to give more support to members considering their options.
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Majority of FTSE 100 execs overlook Opperman workplace savings appeal
Pensions minister Guy Opperman has said that more companies should offer payroll savings mechanisms to their employees.
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TPR: Smaller scheme trustees can do more
Some trustees at smaller pension schemes need to raise their game in areas like governance, David Fairs, the Pensions Regulator’s executive director of regulatory policy, has said.
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Unite campaigners plan pensions clawback protest at HSBC AGM
Members of the Unite trade union will protest outside HSBC’s annual meeting, in the latest chapter of a long-running saga over employees’ pensions.
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Schemes and providers team up to push pensions engagement
On the go: Around 15 pension providers and schemes representing approximately 41.5mn savers and customers have committed to support a campaign to encourage engagement with pensions.
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76% of employers expect trustees to consider quitting over regulation
On the go: More than three-quarters of employers have said they think their pension scheme trustees will weigh up resigning their positions in response to the mountain of regulations they are expected to comply with.
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Four in 10 DC schemes are looking to consolidate
On the go: Forty-three per cent of defined contribution pension schemes aim to consolidate within the next few years, according to new research.
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Pensions industry fires back at Opperman criticism
Stalwarts of the pensions world have responded to pensions minister Guy Opperman’s suggestion that the industry lacks long-term vision.
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AE reform unlikely to get through in time for Queen’s Speech
On the go: Pensions minister Guy Opperman has said the auto-enrolment reform bill will not get through in time for the Queen’s Speech in May.
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Opperman fires back over universal DC charging structure
Pensions minister Guy Opperman stood his ground over the government’s expected move to introduce a single flat charge for defined contribution workplace pensions, after master trust providers criticised the proposal earlier in the week.
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Govt keeps AE earnings trigger despite calls to scrap it
On the go: The government has opted to keep the earnings trigger for auto-enrolment at £10,000 for 2022-23, despite some in the industry calling for it to be scrapped to bring in more low earners.
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Now Pensions calls for AE earnings trigger to be scrapped
On the go: Workplace pension provider Now Pensions has called for an urgent policy change to remove the auto-enrolment earnings trigger to bring more people into pension saving.
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What UK pension schemes can learn from abroad about reaching net zero
The UK is said to be leading on climate change; however, there are examples of best practice seen internationally that schemes could follow in the push for net zero.
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Former shadow pensions minister Jack Dromey dies aged 73
On the go: Former shadow pensions minister Jack Dromey, MP for Birmingham Erdington, has died at the age of 73.
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Opperman urges asset managers to increase stewardship practices
The minister for pensions and financial inclusion has written to 44 asset managers urging them to comply with recent stewardship recommendations, which would allow schemes to have a more active voice in these matters.
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Govt to remove performance fees from DC charge cap
The Department for Work and Pensions has launched a consultation that will seek out policy proposals to exclude investment performance fees from the defined contribution charge cap.
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Nest Insight launches opt-out savings trial
On the go: The research arm of the government-backed master trust Nest has launched an ‘opt-out’ payroll savings approach that aims to help employees build up an emergency fund.
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Statement season could put 10.6m pension savers at risk
On the go: Some 10.6m pension savers could see their financial information fall into the hands of fraudsters if the government goes ahead with its plans for a statements season, PensionBee has warned.