The second cut to National Insurance in six months, and growing rumours of the tax’s eventual abolishment, have raised questions about what this means for the state pension.
Latest articles from Jon Yarker
One in three employees want paid-for adviser pensions consultations
On the go: Nearly a third of employees believe they are being kept in the dark over their pensions by their employers, while a similar amount (28 per cent) want their employers to pay for meetings with advisers to discuss their concerns about their retirement savings.
HSBC pensions ‘clawback’ resolution defeated at AGM
On the go: A resolution against so-called pensions “clawback” at HSBC was defeated at the bank’s annual meeting, with 94 per cent of votes cast against abolishing the practice.
Less than third of schemes regularly track individual fund performance
On the go: Just 30 per cent of pension schemes regularly monitor individual fund performance as experienced by members, according to new research.
PPF 7800 surplus remains ‘solid’ in October
On the go: The aggregate surplus of the 5,318 schemes in the PPF 7800 Index remained “solid” in October, narrowing to £103.2bn from £108.8bn at the end of September, while the funding ratio decreased to 105.9 per cent from 106.4 per cent during the same period.
Tisa calls for pension decumulation policy reform
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.
ESG uptake ‘sharp’ among bulk annuity insurers
On the go: The integration of environmental, social and governance risks by UK bulk annuity insurers has been described as “sharp”, in a survey of the eight largest providers by Willis Towers Watson.
Trustees given transfer halt powers
On the go: Pension fund trustees will be able to halt suspicious transfers from November 30, following new powers from the Pensions Regulator.
More schemes choosing buyouts over self-sufficiency, Aon finds
On the go: The number of pension schemes targeting buyouts has surpassed those opting for self-sufficiency for the first time, according to new research from Aon.
Are schemes ready to mitigate carbon through their investments?
COP26 guidelines dictate four main ways for the world to become net-zero by 2030 through the mitigation of carbon production. The challenge for pension funds is getting to grips with how these can be aligned with their investment process.