All News articles – Page 39
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'More work needed' to speed up pension transfer scam protection measures
Over 20 pension schemes, administrators and industry bodies took part in the DWP's 18-month review, which found that only four per cent of transfers were given a red or amber flag.
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FCA's consumer duty reforms will shake up the pensions industry
Are companies ready for the biggest reform in financial services since 2012?
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DB schemes could face extra costs after High Court judgement
Virgin Media case could render contracting-out changes invalid, if schemes cannot produce a section 37 certificate
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One in six savers don't know where to access pensions advice
The workplace can play a part in helping plug the pensions advice gap, as over a quarter of over 55s admit eschewing any type of support.
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Three solutions to the nation’s savings crisis
Three new studies offer policy solutions to the savings emergency
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Capita faces class action lawsuit after data breach
Barings Law has launched a lawsuit against Capita
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IFoA comes under fire for election delay
Candidates voice “deep concerns” about the Institute and Faculty of Actuaries’ decision to suspend council elections
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Government committee inquiry issues damning verdict on how AEAT pensioners were treated
The government did not give AEAT pension scheme members enough time or support to make complex financial decisions, finds the public accounts committee
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Further delays to the General Code
The General Code has not been laid in Parliament, creating uncertainty for trustees
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AEAT Pension Scheme PAC inquiry findings imminent
The House of Commons public accounts committee is expected to publish the findings from its inquiry into the Atomic Energy Agency Technology Pension Scheme (AEAT) later this week.
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Pension dashboards programme further delayed
As reported by Pensions Expert on 29 May, the government has made an announcement, on pension dashboards, further delaying the programme to 31 October 2026.
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Pension dashboards programme further delayed to October 2026
As reported by Pensions Expert on 29 May, the government has announced the further delay of pension dashboards to 31 October 2026.
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TPR’s Davey warns trustees to "stay focused" on economic volatility
In her latest blog post, Louise Davey, director of regulatory policy, analysis and advice at The Pensions Regulator, warns trustees that, despite signs of recovery in some financial markets after the turmoil of last year, they “need to stay focused on protecting savers from economic volatility”.
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More retirement planning needed for those with mental health issues
Millions of people with mental health problems face a financial cliff edge when they retire, because they do not receive the information and support they need to plan for retirement.
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PLSA offers pragmatic alternatives to politicians' ideas for UK growth
In recent months, the government, the opposition, the lord mayor of London and other lobbyists and policy wonks have floated various notions as to how pension funds – defined benefit (DB) and defined contribution (DC) – should invest their assets in order to boost growth in the UK’s economy.
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DWP data shows the gender pension gap remains at 35%
According to the most recent data (2018 to 2020) issued by the Department for Work & Pensions (DWP) on 5 June 2023, the gender pensions gap (GPeG) in private pensions stands at 35%.
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PLSA Investment Conference 2023: Live blog
If you’re not up in Edinburgh for the PLSA’s annual investment conference then this is the next best thing. Stay tuned for latest updates and goings on.
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Yet more consultation required to put in place the McCloud remedy
The government is to further consult on supplementary matters and scheme regulations concerning the McCloud remedy in the Local Government Pension Scheme (LGPS).