All News articles – Page 24
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News
The economic impact of higher contributions
Higher auto-enrolment minimum contributions could boost people’s retirement prospects – but what is the wider impact across the UK?
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Clarity on fiduciary duty and sustainability
The government’s green finance strategy report commissioned the FMLC to clarify fiduciary duty after years of debate.
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Calls grow for long-term savings commission
A new report from People’s Partnership makes the case for a cross-party commission to advise on pensions policy.
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Schroders wins major outsourced mandate from Tesco
The UK listed investment giant is to replace Tesco’s in-house team as the £12.9bn scheme’s principal manager.
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What does Labour have in store for the pensions industry?
The Labour party last week set out its plans for reform of the financial services sector, including several proposals affecting pensions. We asked industry commentators for their views.
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Women face ‘vast’ gender pension gap, study finds
New figures paint a stark picture of the gender pension gap, with women facing a huge disparity in retirement income compared to men.
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PLSA reports sharp increase in cost of ‘moderate’ retirement
An update to the association’s Retirement Living Standards reflects the impact of the cost of living but also changing expectations of what people want from retirement.
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No change: AE review raises more questions
The DWP has decided not to change the lower earnings limit for auto-enrolment, despite measures in last year’s pensions bill.
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‘Meaningful targets’ needed to address industry diversity issues
An appeal for action after researchers find that failure to attract diverse talent is a key barrier to improving equality and inclusion in the pensions sector.
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State pension age ‘must rise to 71’, research shows
New data from the International Longevity Centre suggests that the UK’s state pension age must increase at a far greater rate than currently planned.
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Appointments: LGPS Central, Broadstone, Isio, Aptia
Latest hires, appointments and promotions, including Broadstone, Isio, SPP, Aptia, Burges Salmon and more.
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Bulk annuity supply to increase in 2024: Hymans
More insurers will enter the market this year to help satisfy demand, according to consultants.
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Cushon consolidates Workers Pension Trust
The £2.3bn master trust operator has completed the first ever merger of two authorised trusts.
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Time for a long-term savings commission?
In the wake of the divisive 'pots for life' consultation, calls are emerging for an independent body to help advise the government on pensions and savings policy.
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Why the PPF is taking action on climate
The fund has co-filed a shareholder resolution for the first time. Claire Curtin, head of ESG and sustainability at the PPF, explains why.
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Sustainability comes to the bulk annuity sector
Pension schemes, insurers and advisers have come together to align ESG policies and reporting around pension risk transfer transactions.
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DWP confirms DB funding regulations
The long-awaited new funding code for DB schemes is set for launch later this year after the government confirmed its legislative framework.
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DC funds more open to real assets
International research shows that defined contribution pension funds want to allocate more to real estate and infrastructure.
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What’s in store for DC pension schemes in 2024?
DC is in flux, creating significant uncertainty for the pensions industry. With growth comes new opportunities – but the devil’s in the detail when it comes to implementation.
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