All First Actuarial articles – Page 2

  • Getty Images
    News

    Royal Mail closure consultation could see strike action

    2017-01-06T00:00:00Z

    Royal Mail Group has begun consulting with active members on closing its section of the Royal Mail Pension Plan, spurring the threat of industrial action from unions if the sponsor does not react positively to their concerns.

  • News

    Is it time to stop worrying about deficits?

    2016-11-02T00:00:00Z

    Rising yields mean UK pension deficits are finally shrinking again, according to several industry monitoring systems, but is the defined benefit sector spending too much time concentrating on shortfalls?

  • News

    Hidden charges weigh pension pots down

    2016-05-25T00:00:00Z

    Pensions are being hit by more than 100 costs and charges, many of them hidden, which are potentially taking as much as a third off the gains of a pension over its lifetime, a study by the Transparency Task Force has found.

  • Getty Images
    Opinion

    What does Iain Duncan Smith's resignation mean for pensions?

    2016-03-21T00:00:00Z

    There was a big upset in Westminster over the weekend as former secretary of state for work and pensions Iain Duncan Smith resigned in protest over the chancellor’s latest round of benefit cuts.

  • News

    Tax relief off the table but Budget could still bring surprises

    2016-03-07T00:00:00Z

    The chancellor is reported to have shelved anticipated changes to pensions tax relief ahead of next week’s Budget, but industry commentators predict a further wrangle of the landscape could still be afoot.

  • Royal London
    News

    Royal London publishes first IGC report but independence questions remain

    2016-03-03T00:00:00Z

    Royal London has become the first provider to release an independent governance committee report, providing key insights into how committees are defining value for money and dealing with legacy pension schemes.

  • News

    Treasury empowers FCA to curb exit charges

    2016-01-19T00:00:00Z

    The Treasury today announced plans for new legislation that will place a duty on the Financial Conduct Authority to cap 'excessive' early exit charges for members seeking to access pension savings under the freedoms.

  • News

    Trustees and IGCs gifted with new tools to aid DC reporting

    2015-11-17T00:00:00Z

    Trustees and committees overseeing defined contribution arrangements have been thrown a line with new reporting templates to help them meet their governance obligations, but some argue a comparative framework could further strengthen the assessment of value in DC.

  • Bloomberg
    News

    FT chooses new provider as DC governance debate rumbles on

    2015-10-29T00:00:00Z

    Employers eyeing a transition into a contract-based defined contribution arrangement must consider the impact of a shift away from trust-based governance on members and administration, experts have said.

  • Warburtons (Getty)
    News

    Warburtons spells out the ABC of pension freedoms

    2015-10-16T00:00:00Z

    There has been a spike of interest in pensions since new freedoms were introduced six months ago, but some corners of the industry are struggling to communicate the choices available.

  • News

    Webb backs mastertrusts to lead CDC vanguard

    2015-01-21T00:00:00Z

    Pensions minister Steve Webb has signalled support for mastertrusts delivering a collective defined contribution option for members, at a Trades Union Congress conference on Wednesday – but at least one of the large mastertrusts has rejected the idea.

  • Opinion

    AE collaborations are a cop-out

    2014-03-03T00:00:00Z

    In the latest Informed Comment Pension Playpen’s Henry Tapper scrutinises auto-enrolment provider-consultant collaborations.

  • RPI-CPI gap
    News

    Employers consider RPI/CPI switch as gap widens

    2014-02-21T00:00:00Z

    Consultants have reported more employers trying to overcome the difficulties of switching from using the retail price index to the consumer price index to reduce scheme liabilities as the gap between the two measures widens.