All Defined contribution articles – Page 25
-
NewsACA pushes new pensions minister for early extension of CDC
On the go: Laura Trott has been urged by the Association of Consulting Actuaries to extend collective defined contribution schemes to more savers as a way of boosting pension savings.
-
NewsBMA warns of spike in early retirements over tax relief reforms
The British Medical Association has warned that the number of doctors choosing to reduce hours or retire early would increase were the government to proceed with reported plans to freeze the pensions lifetime allowance past 2026.
-
NewsOmbudsman hits Paint Hale Ltd with £1,000 fine
On the go: The Pensions Ombudsman has ordered Paint Hale Ltd to repay missing pension contributions to a former employee and fined the company £1,000 for the distress it caused her.
-
OpinionHow to apply for dashboards staging deadline deferral
Sackers associate director Oliver Topping details six tips for schemes considering a pension dashboards staging deadline deferral.
-
NewsTPR salvages more than £500mn in missing contributions
On the go: The Pensions Regulator has secured more than £500mn worth of late or missing contributions since the advent of auto-enrolment, it has claimed.
-
NewsUK gender wealth equity lags Europe at retirement
On the go: The UK has one of the largest gender wealth gaps in Europe, sitting below the global average and only just above the Netherlands, which is in last place for the continent.
-
NewsNest and Sainsbury’s members shrug off LDI crisis
October’s market turmoil and the slump in UK government bonds did not trigger a spike in Nest members checking their defined contribution pots, the research arm of the government master trust has said.
-
NewsDashboard implementation deadline extended by two months
Financial Conduct Authority-regulated pension providers have been given an extra two months to comply with the regulator’s pensions dashboard rules on implementation.
-
-
NewsAon warns of 'unintended consequences' from pension campaign
On the go: Aon has warned the Pensions Awareness Week campaign could have “unintended consequences” due to the current cost of living crisis.
-
NewsPension dashboards near live testing stage
On the go: The Pensions Dashboards Programme has moved into the testing of digital architecture phase, with more than 20 organisations taking part as early participants, programme principal Chris Curry has said.
-
NewsSwitching providers too difficult for employers, DWP finds
Companies rarely switch pension providers as the process is too onerous, the Department for Work and Pensions has discovered.
-
NewsAggregate value of lost pension pots surges to £27bn
Pension savers are being encouraged to take action to trace their lost pension pots, which in aggregate are estimated at £26.6bn, according to the Pensions Policy Institute.
-
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.
-
NewsFCA proposes rules to stamp out greenwashing
The Financial Conduct Authority is looking to introduce a package of measures aimed at clamping down on greenwashing, while looking to expand the regime for pension products in the future.
-
NewsTPR publishes consolidated enforcement powers
The Pensions Regulator has published its new enforcement policy, which contains new powers awarded in the Pension Schemes Act 2021, and replaces and consolidates compliance and enforcement policies governing defined benefit, defined contribution and public sector pension schemes.
-
NewsLabour ‘should bring in workplace pension for self-employed’
On the go: A future Labour government should look to establish a workplace pension for self-employed workers, a centre-left think tank has said.
-
PodcastsPodcast: LDI, PLSA and PIPAs - looking back with Andy Cheseldine
Podcast: Andy Cheseldine, professional trustee at Capital Cranfield and chair of the Small Pots Co-ordination Group, joins Pensions Expert to discuss market turmoil, the recent PLSA conference, small pots and the 2022 Pension and Investment Provider Awards.
-
NewsQuarter of workers unaware of workplace pension contributions
On the go: More than a quarter (26 per cent) of UK workers do not know how much they contribute to their workplace pension each month, according to new research commissioned by Standard Life.
-
NewsTruss commits to pensions triple lock as inflation hits 10.1%
Prime minister Liz Truss has confirmed that the triple lock will be maintained, even as September’s figures showed inflation rising to 10.1 per cent.