All Decumulation articles – Page 3

  • News on the go
    News

    Fifth of businesses are interested in CDC schemes

    2021-12-06T00:00:00Z

    On the go: More than a fifth of businesses are interested in setting up a collective defined contribution scheme for their employees, according to new research from the Association of Consulting Actuaries.

  • News on the go
    News

    Tisa calls for pension decumulation policy reform

    2021-11-09T00:00:00Z

    On the go: The Investing and Saving Alliance is calling on regulators and the government to reform pension decumulation policy that will impact four main areas.

  • News on the go
    News

    ‘Stronger nudge’ still possible, but cost benefits need to be understood

    2021-10-12T00:00:00Z

    On the go: A stronger guidance nudge may be needed to increase the number of savers using the Pension Wise service, but it may not be enough to drive a significant uptake or deliver the right kind of engagement, the Pensions and Lifetime Savings Association’s annual conference has heard.

  • News on the go
    News

    ACA urges steps to fill guidance ‘black hole’

    2021-05-18T00:00:00Z

    On the go: The Association of Consulting Actuaries has argued that fixing the “disjointed” and “fragmented” system that is UK pensions provision is vital if the full potential of pension freedoms is to be unlocked.

  • News on the go
    News

    PLSA calls for new legislation to support members at retirement

    2021-05-17T00:00:00Z

    On the go: The Pensions and Lifetime Savings Association has called on the government to introduce legislation underpinning a new set of product, communication and governance standards to build on pension freedoms and provide greater support for savers at retirement.

  • News

    Govt should boost CDC pensions to rebalance consumer risk

    2021-04-22T00:00:00Z

    The Institute and Faculty of Actuaries has proposed a number of measures to tackle the so-called ‘great risk transfer’, among which is a call on the government to emphasise the benefits of collective defined contribution schemes as an alternative to traditional DC pension arrangements.

  • News

    PLSA framework to help savers navigate ‘confusing’ freedoms

    2020-07-29T00:00:00Z

    On the go: The Pensions and Lifetime Savings Association has proposed a new regulatory regime that will require schemes to support savers when making decisions about how to access their pensions.

  • Opinion

    What we can learn from Chile’s pension system

    2020-06-23T00:00:00Z

    Ahead of the release of a new book on learnings from international pension systems, co-editor Tim Gosling uses the example of Chile to show how an initially flawed defined contribution system can be converted into one that sustainably converts capital into income.

  • Opinion

    Drawdown is climbing the DC agenda — but there’s no easy fix

    2020-06-02T00:00:00Z

    Data crunch: Broadridge’s Hal La Thangue on that as-yet unsolved problem of decumulation products suitable for the coming generations of retirees

  • News

    FCA launches investigation into decumulation advice

    2020-04-07T00:00:00Z

    On the go: The Financial Conduct Authority will carry out an investigation into the suitability of pension decumulation advice.

  • News

    FCA delays investment pathways for 6 months

    2020-04-07T00:00:00Z

    On the go: The Financial Conduct Authority is delaying the introduction of investment pathways in drawdown for six months, as it cuts non-critical work amid the coronavirus pandemic.

  • News

    Renewed calls for govt to set up pensions commission

    2020-01-17T00:00:00Z

    On the go: Two think tanks are calling for the government to set up a new pensions commission, after it found cross-party support for such an initiative.

  • News

    DC trustees eye master trusts for decumulation options

    2019-11-18T00:00:00Z

    Data crunch: Trustee reluctance to offer in-house drawdown means single-employer defined contribution schemes may look to partner with a master trust to offer decumulation products to members, new analysis shows.

  • Gary Evans
    Opinion

    PASA outlines five pillars of DC administration governance

    2018-07-24T00:00:00Z

    Defined contribution administration governance is an often overlooked area, but anyone involved in DC should understand the five key elements of administration and how they impact their role, writes PASA’s Gary Evans.

  • Tim Sharp
    Opinion

    Mistakes of annuity regime are being repeated

    2018-06-11T00:00:00Z

    From the blog: The willingness of government and regulators to take a pragmatic approach to so-called pensions freedom will be tested over the next few weeks.

  • Andy Tarrant
    Opinion

    Dashboard and AE improvements can cement Opperman’s legacy

    2018-06-04T00:00:00Z

    It has been a busy first year for Guy Opperman, with some significant steps forward for auto-enrolment announced in last year’s review, the adoption of much-needed mastertrust and bulk transfers regulation, and the smooth roll-out of minimum contribution increases.

  • Opinion

    Carillion's post-mortem

    2018-05-18T00:00:00Z

    It is not unusual for Work and Pensions Committee chair Frank Field to show off an impressive vocabulary when launching a salvo against political and personal foes. But even by his standards, the imagery used to put to bed the failed outsourcer Carillion has taken a turn for the macabre.

  • George Currie
    Opinion

    PLSA: Signpost savers towards default pathways

    2018-04-16T00:00:00Z

    Default decumulation options are needed and can work with freedom and choice, says the Pensions and Lifetime Savings Association’s George Currie.

  • Opinion

    The freedom not to choose

    2018-04-13T00:00:00Z

    Editorial: Default options for would-be retirees are the industry’s new darling, as poor support for savers at retirement still blights the UK pension system.

  • Features

    Pearson follows pack in targeting drawdown for DC defaults

    2018-04-05T00:00:00Z

    The Pearson Pension Plan is introducing two new lifestyle options for its defined contribution members as they approach retirement, responding to a perceived demand for greater flexibility.