All Department for Work and Pensions (DWP) articles – Page 22
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News
New govt urged to find solutions for self-employed
On the go: The Association of Independent Professionals and the Self-Employed has called on the new government to update the long-term savings environment to better provide for entrepreneurs.
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News
Trustees’ retort to minister’s ‘just switch’ ESG comments
An industry body representing trustees says market failures are preventing it from meeting the pensions and financial inclusion minister’s call to sack managers who refuse to implement voting policies, but cautiously welcomes the introduction of a new stewardship code.
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OpinionElection policies we need but probably won’t get
With the next general election less than five weeks away, the main political parties are busily drawing up their policy pledges to win over voters.
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News
Minister presses ahead on simpler statements
On the go: The Department for Work and Pensions is consulting on measures to hasten the adoption of two-page simplified pension statements, in response to sluggish uptake from the industry.
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News
Workers must save quarter of income for ‘moderate’ retirement lifestyle
On the go: UK savers need to save at least £800 a month to achieve the moderate living standard outlined by the Pensions and Lifetime Savings Association, research by the Institute and Faculty of Actuaries has found.
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News
DWP proposes levy rise for pension schemes
On the go: The Department for Work and Pensions sought feedback from the pensions industry on Friday ahead of its proposed increase to the general levy paid by pension schemes.
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News
10k-20k-30k: PLSA launches new retirement living standards
On the go: The Pensions and Lifetime Savings Association has launched its retirement living standards, an attempt to translate savings targets into a description of the quality of life they will actually enjoy in later life.
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News
Pension schemes bill overshadowed by Brexit
A pension schemes bill has been included in the Queen’s Speech as expected, but critics say the government’s Brexit headaches and lack of majority mean it is little more than a manifesto pledge.
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Opinion
Ignore ESG risks at your peril
Last week this government’s new environmental, social and governance regulations came into force.
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News
Self-employed want help with long-term finances, study finds
An investigation into the saving habits of the self-employed has found that entrepreneurs want help to save for the long term, but are put off by the inflexibility and specific goal of pensions.
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News
Opperman pushes 50 largest funds to lead way on climate change
On the go: Pensions and financial inclusion minister Guy Opperman has written to the largest pension funds in the UK, reminding them to pull their weight in the fight against climate change.
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OpinionIt is time for the industry to face up to its data problems
Poor record-keeping has long been the elephant in the room in the pensions sector.
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NewsField sounds alarm over unregulated DB superfunds
The chair of the Work and Pensions Committee has warned that the government may be putting retirements at risk if it does not bring forward legislation to regulate defined benefit superfunds.
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News
Nine out of 10 trustees ready for new SRI regime
On the go: Trustees are universally well prepared for the new responsible investment regulations that come into force on October 1, with an astonishing 96 per cent saying they are up to speed.
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News
Thérèse Coffey new DWP secretary after Rudd’s Brexit exit
On the go: Suffolk Coastal MP Thérèse Coffey will take over as secretary of state for work and pensions, the government announced on Sunday, after Amber Rudd quit the role over Boris Johnson’s handling of Brexit.
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News
Funding for school pension costs rises to £1.5bn
On the go:The government has promised to compensate some public sector pensions' increased employer contribution costs, but other pensions spending was unmentioned.
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News
5 million still at risk from scams, TPR warns
On the go: The Pensions Regulator has warned that as many as five million savers are still at risk from pension scams, as it renews its commitment to fighting fraudsters alongside the Financial Conduct Authority.
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News
MPs urge DWP to review scope and level of charges cap
The Work and Pensions Committee is ramping up the pressure on the government and the Financial Conduct Authority to cap the level of charges on default retirement products.
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News
Quarter of a million still inherit spouse's state pension via DWP loophole
On the go: A loophole means some spouses who outlive their partners are eligible to inherit some of their state pension, the Department for Work and Pensions has said, in a revelation that could boost many pensioners' income.
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News
Select committee presses govt on superfund commitment
On the go: The Work and Pensions Committee has voiced its concerns about the government allowing the creation of defined benefit superfunds in the absence of a dedicated regulatory regime.










