Are you managing members' income expectations?

Any Other Business: Pensions got gritty last week. Greek pensioners took to the streets of Athens in protest against the nation's broken pension promises as Tsipras proposed further cuts to retirement incomes in a last-gasp ultimatum. 

The future of DC? Nest unveils retirement blueprint

Government-backed mastertrust Nest has outlined its plan for providing members with an income in retirement, but experts have said the proposals have a limited application to today's defined contribution market.

 

Norcros plugs deficit with suite of liability exercises

Kitchen and bathroom accessories group Norcros has reduced its scheme deficit by £1.7m through a series of liability-management exercises, as pension funds see a further deterioration in funding levels.

Regulator talks tough as DC scheme governance falls short

Small and medium-sized defined contribution schemes are falling behind on governance compliance, Pensions Regulator research shows, with the watchdog vowing to use its powers where necessary.

New peak for pension saving, focus turns to adequacy

Data analysis: Scheme membership has reached fresh highs among the UK population but industry experts are calling for greater government intervention to boost contributions and to stop individuals falling through the cracks.

TUC calls for same-sex parity on survivor pensions

TUC (Getty)

One in four defined benefit schemes do not treat same-sex and opposite-sex couples equally on survivor benefits and the TUC is pressing government to close the gap, which could cost around £3.3bn.

 

Comment & Analysis

Editorial: Second-chance annuities

Ben Jennings

It was never going to be straightforward. When the idea of secondhand annuities was first mooted, commentators were at once delighted by the idea of being able to reverse the irreversible, but perplexed as to how it could generate a good deal for those involved. 

PMI: Hour has come for independent commission

Tim Middleton

The Pensions Management Institute's Tim Middleton explains why the impact of freedom and choice on existing policy demonstrates the need for depoliticised pension commission.

Can DC survive these four key challenges?

Menezes-Mann (teaser)

The Pension Administration Service Association's Michael Mann and Girish Menezes outline the wave of changes hitting DC and what schemes need to do to stay ahead of the game. 

Video

The Review: Poised for freedom but questions remain

Countdown to April part 3

Video: What unknowns remain on the cusp of April 6? National Association of Pension Funds' DC policy lead Richard Wilson, and partner at consultancy LCP Andy Cheseldine discuss what is left to do and how to manage expectations (5:36).

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