All Broadstone articles – Page 2
-
NewsAnnuities are back in fashion, but take up needs to be a long-term trend
Annuity sales surged 22 per cent during the first three months of 2023, according to the ABI, but - despite decades of campaigning - more still needs to be done to educate consumers about them.
-
OpinionWhy two pairs of eyes are better than one (for DB sponsors)
When it comes to running defined benefit pension schemes, sponsoring employers have long suffered from increasing complexity, regulatory burden and cost, writes Broadstone’s Stuart Bradbury.
-
-
NewsThink big: Think tank suggests creation of regional superfunds
The Tony Blair Institute has has suggested that thousands of public and private sector pension plans should be pooled into a series of regional ‘superfunds’ with assets of up to £500 billion, as part of an “extremely radical” proposal to free billions of pounds of investment capital to boost the growth of UK businesses.
-
OpinionGovernment disappoints in auto-enrolment inquiry responses
Broadstone head of policy David Brooks is calling on the government to start advising people that current minimum contributions will not be enough for a comfortable retirement.
-
NewsGovt refuses to commit to increase auto-enrolment contributions
The government has refused to commit to increasing minimum auto-enrolment contributions, despite acknowledging that the current statutory contribution of 8 per cent is “unlikely to give all individuals the retirement to which they aspire”.
-
NewsTPR delays investment data collection from DB schemes
The Pensions Regulator will not be collecting data on fiduciary management and investment consultants from defined benefit schemes as part of its 2023 scheme return, which can present a “gap in compliance”, experts have warned.
-
NewsDB schemes’ surplus rises £5.2bn in December
On the go: The aggregate surplus of the 5,131 defined benefit schemes in the Pension Protection Fund 7800 Index increased by £5.2bn in December.
-
NewsSmaller schemes face ‘significant’ costs with TPR DB funding code
While the Pensions Regulator foresees an initial hike in implementation fees followed by reduced costs in the long term, experts have warned that the new defined benefit funding code will be particularly onerous for small schemes.
-
NewsDB schemes’ surplus falls by £7.6bn in November
On the go: The aggregate surplus of the 5,131 defined benefit schemes in the Pension Protection Fund 7800 Index fell by £7.6bn in November.
-
NewsFCA bans third-party dashboard consumer charges
The Financial Conduct Authority will prohibit third parties from charging customers for services linked to pensions dashboards as part of its regulatory framework for the initiative.
-
NewsNo sign of ‘notable uptick’ in AE opt-outs despite cost of living crisis
There has been no significant rise in employees choosing to stop contributions to workplace pension schemes so far this year, despite warnings that the cost of living crisis would derail the progress of auto-enrolment.
-
NewsPPF urges trustees to plan for funding and risk changes
On the go: The Pension Protection Fund is encouraging trustees to have a contingency plan due to changes in funding and risk profile, despite the PPF 7800 index surplus continuing to rise.
-
OpinionSeven days in pensions
Broadstone technical director David Brooks details how the events that took place during last week have disrupted the pensions industry.
-
NewsBank of England buys gilts to protect pension funds
The Bank of England has commenced a round of government bond purchases in an attempt to stabilise markets, after falling government bond prices prompted collateral calls for pension funds.
-
NewsGuy Opperman removed as pensions minister
The UK’s longest-serving pensions minister, Guy Opperman, has been removed from his post by new prime minister Liz Truss, after five years in the role.
-
NewsRising gilt yields push PPF 7800 index aggregate surplus up 23%
On the go: The aggregate surplus of defined benefit pension schemes eligible for entry into the Pension Protection Fund leapt by almost a quarter in August, fuelled by increasing gilt yields and declining liabilities.
-
NewsKesslers Group scheme agrees £21mn full buy-in
On the go: The Kesslers Group Pension Plan has agreed a £21mn full scheme buy-in with Legal & General.
-
NewsNearly 1.2mn people missing out on pensions savings
On the go: Almost 1.2mn small-to-medium-enterprise workers are missing out on pensions savings, according to analysis from Broadstone, which has called for these employers to boost member participation.
-
NewsNew proposals set DB schemes on path to ‘low dependency’
Defined benefit pension schemes will need to be funded in such a way that they are in a state of “low dependency” on their sponsoring employer by the time they are significantly mature, under new government proposals.
- Previous Page
- Page1
- Page2
- Page3
- Next Page