All News articles – Page 11
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Look beyond dashboard connection date, schemes told
Trustees have been urged to use their dashboard connection date as the first in a series of triggers that need close attention as the tool continues to evolve.
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UK pension system declining against other countries, research shows
The UK’s pension system has lost its top-10 position among global retirement systems, according to the latest Mercer CFA Institute Global Pension Index.
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Value for Money plans not set in stone, say regulators
The regulators are open to changing their planned ‘red-amber-green’ model for the Value for Money framework as the consultation process continues.
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PLSA Conference: DB is ‘part of the future of pensions’
Defined benefit (DB) should be considered part of the future, not just the past of pensions, according to panellists at the Pensions and Lifetime Savings Association’s Annual Conference.
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PLSA Conference: Pensions and the TikTok generation
One of the UK’s largest pension providers got millions of hits on its TikTok videos as part of a successful engagement campaign, delegates at the Pensions and Lifetime Savings Association’s (PLSA) Annual Conference in Liverpool heard.
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PLSA Conference: Delegates support national insurance changes
National insurance should be applied to employer pension contributions if the chancellor is looking to pensions to help plug the economic black hole, according to a poll of delegates at the Pensions and Lifetime Savings Association’s Annual Conference.
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Pension trustees need more time and soft skills, not more regulation
Lay trustees will not benefit from more exams or accreditation unless they are given the time to do their role properly.
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Mandating UK investment would be ‘huge mistake’
Timing of investments into assets such as private equity can play a big role in determining eventual returns, conference panellists argue – so forcing investment will not work.
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PLSA Conference: Reframing pensions as a ‘reward for saving’
Pensions should be reframed as a reward for saving rather than a benefit for the better off, according SEI managing director Steve Charlton.
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Tyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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Govt launches National Wealth Fund to drive pension fund investment
The government has officially launched the National Wealth Fund and announced reforms to other public institutions to encourage additional pension fund investment into high-growth UK companies.
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Pensions minister targets growth, better retirement outcomes
The government’s extensive policy reforms anticipated in the Pension Schemes Bill will deliver “the growth the country needs and the security in retirement that savers deserve”, according to pensions minister Emma Reynolds.
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PLSA Conference: The complex pension adequacy picture
A multi-pronged approach is required to improve pensions adequacy, according to panellists at the Pensions and Lifetime Savings Association’s (PLSA) annual conference in Liverpool.
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Pension savers open to higher contributions, says PLSA
As the effects of the cost-of-living crisis are starting to abate, many of those saving for a pension are supportive of paying more in, according to a survey.
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Nest plots decumulation offering with new appointments
The UK’s biggest defined contribution (DC) master trust has appointed Hymans Robertson and WTW to help it design a decumulation service for its members.
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DC schemes ‘must brace for Budget impact’, warns Hymans
Trustees and managers of defined contribution schemes should prepare to act quickly if there are tax changes in this month’s Budget, according to Hymans Robertson.
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The importance of trust for dashboard success
Greater engagement between the British public and their retirement provisions is essential to successful rollout of pension dashboards, according to panellists at an industry event.
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Can CDC help fix a ‘broken’ DC system?
As the government launches a consultation on collective defined contribution (CDC) structures, a new paper from Willis Towers Watson has proposed ways in which the new rules can help improve existing schemes.
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Taking automatic enrolment beyond pensions
The success of auto-enrolment into pension funds should be extended to help people build up short-term savings, according to a new report.
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Michelin insures DB scheme for £1.5bn
Tyre manufacturer Michelin has insured its defined benefit (DB) scheme for £1.5bn with Aviva, marking the biggest bulk annuity deal of 2024 so far.