All Aries Insight articles – Page 3
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Opinion
Are we wrong to view Lisas as a pensions issue?
Ian Neale from Aries Insight says what the Lisa could mean for pensions.
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News
Industry unconvinced by MPs' funder of last resort concerns
Amendments to the pension schemes bill requiring member representation on mastertrust boards and a funder of last resort have been rejected by the House of Commons, amid concern from opposition politicians about a lack of oversight.
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News
TPR guidance: Welcome set of principles or waste of time?
While some have welcomed the Pensions Regulator’s recently published and extensive collection of investment guidance for those running defined benefit pension schemes, there are some concerns over the effectiveness of the information for time-stretched or less diligent trustees.
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News
Industry accuses Treasury of lack of data to justify £4k MPAA
HM Treasury’s consultation on reducing the money purchase annual allowance will close on Wednesday, drawing fierce criticism that the policy lacks data to back up its introduction and could unfairly hurt savers.
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News
Industry finds no easy answers in dividends v deficits debate
Most FTSE 100 companies could clear their pension deficits in less than two years by withholding dividends, new research says. Experts have called for more focus on the contrast between dividend payments and deficit repair contributions, though others say there is no one-size-fits-all solution.
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Opinion
Is good pensions practice drowning in policy consultations?
From the blog: The run up to Christmas saw a flurry of political activity to cap off what has been an exhausting year, with two separate Department for Work and Pensions consultation launches complemented by the Work and Pensions Select Committee’s report on defined benefit.
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Opinion
Should the DWP cap early exit charges in occupational schemes?
Ian Neale from Aries Insight explains why new exit charge cap regulations could backfire.
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Opinion
QROPS: Between expat need and tax loophole
Analysis: Moving to live or work abroad is not, for most people, logistically straightforward, and planning ahead is key to ensure a smooth transition, particularly when considering long-term financial requirements, including pensions.
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News
Draft Lisa rules attempt to prevent AE opt-outs
Providers of the lifetime Isa should warn savers that substituting their pension for the product will mean they lose out on employer contributions, draft rules published by the Financial Conduct Authority have proposed.
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Features
What the industry wants to see in the Autumn Statement
Autumn Statements became mini Budget announcements under the previous chancellor. Looking to the new regime, what advice does the industry have for Philip Hammond before he announces his first set of plans on November 23?
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News
Treasury scraps plans for secondary annuity market amid consumer protection concerns
Proposed reforms to create a secondary annuity market have been abandoned due to concerns about consumer protection and value for money.
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News
HMRC buys more time on EU VAT issue
HM Revenue & Customs has delayed its guidance on alternative solutions for employers seeking to recover value added tax on defined benefit pension administration costs, prompting speculation that a decision will not be made until Brexit negotiations advance further.
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News
Scheme rules may block Treasury's advice allowance plans
The Treasury has opened a consultation on the introduction of a pensions advice allowance, which would allow members of defined contribution schemes to use up to £500 of their pot to pay for tax-free regulated financial advice.
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Opinion
How can tax relief be used to encourage saving?
Analysis: Encouraging savers to make sufficient provision for their retirement is an important challenge for both the government and the pensions industry.
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Opinion
What are pension input periods and why do they matter?
The rules on pension input periods are changing and are about to make life even more complicated, says Ian Neale.
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News
TUC calls for same-sex parity on survivor pensions
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.
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Opinion
Pot-follows-member: how it could work
Aries’ Ian Neale gives a snapshot of where the small-pot consolidation project currently stands and points to where there could be further changes.
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Opinion
How your scheme can benefit from the VAT changes
Fresh guidance from HM Revenue & Customs on VAT charges for scheme management services may have passed people by during the holiday slowdown.
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News
M&S weighs drawdown option for mastertrust members
Retailer Marks & Spencer is exploring offering drawdown to its defined contribution scheme members, as the industry readies itself for April's retirement flexibilities in a tough market for annuities.
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Opinion
How greater Scottish devolution could affect your scheme
Aries’ Ian Neale looks at why schemes need to prepare for changes to the Scottish tax system and how proposed devolution could affect them further.
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