DC & Auto-enrolmentRSS

Isio snaps up Premier Pensions

News on the go

On the go: Isio has announced the acquisition of Premier Pensions, subject to approval by the Financial Conduct Authority.

No way to avoid the indexation ‘rules lottery’ as inflation bites

Podcasts

Podcast: Eversheds Sutherland partner Stuart Earle and Aon partner Lynda Whitney discuss inflation, the botched attempt to raise the normal minimum pension age, and a new value for money framework.

Uber partners with Now Pensions to provide scheme for drivers

News on the go

On the go: Ride-hailing app Uber is to start rolling out a pension scheme to eligible drivers in the UK and has invited its competitors to create a cross-industry scheme.

Royal Mail CDC scheme closer to reality as consultation launches

Fotoware

Royal Mail has launched a consultation on its new collective defined contribution scheme, detailing the structure of the new pension fund, which the postal company is aiming to launch in 2022.

DC market proves resilient during pandemic but challenges remain

iStock

A continuation of positive trends alongside the benefits of auto-enrolment has shaped the defined contribution pensions space over the past year, but complications surrounding the Covid-19 pandemic have brought the need to mitigate future risks to the fore.

TPR warns small schemes: Prove value or wind up

News on the go

On the go: The Pensions Regulator has warned smaller defined contribution pension schemes they will need to demonstrate their value to members or wind up, as more stringent rules come into force next month. 

Dashboards programme ‘on track’ amid industry concerns

Calendar (teaser)

The pensions dashboards project is expected to remain on track to meet its publicised timeline, the programme’s principal d told a Work and Pensions Committee hearing on Wednesday, amid industry concerns that the existing timeline is not feasible.

Taskforce lays out measures to boost schemes’ voting powers

Dreamstime

The Taskforce on Pension Scheme Voting Implementation has called on the Department for Work and Pensions and the Financial Conduct Authority to create templates and requirements aimed at boosting asset owners’ ability to vote, especially in pooled funds.

AE opt-out and cessation rates remain low despite pandemic

News on the go

On the go: Auto-enrolment opt-out and cessation rates have remained low over the past year, despite hikes to minimum contributions and the economic impacts of the Covid-19 pandemic, according to new research from Nest Insight.

Thousands of small DC schemes may miss vital October deadline

iStock

CPD: As the deadline for new regulations governing occupational defined contribution schemes draws near, Stephanie Hawthorne looks at how smaller plans are shaping up.