Latest articles from Rolhat Zen-Aloush

MPs urged to tweak 25% tax-free cash rules

News on the go

On the go: Pensions consultancy LCP has proposed new rules that would allow pension savers to access tax-free cash at a normal minimum pension age while leaving the remaining balance behind.

BTPS develops tool to assess govt bonds’ climate change exposure

News on the go

On the go: The BT Pension Scheme and the Church of England Pensions Board are part of an investors group that is creating a tool to measure, monitor and compare sovereign bonds’ climate change governance and performance.

DWP to consult on dashboards’ draft regulations in December

Pensions dashboard (teaser)

The Department for Work and Pensions will be launching a consultation on the pensions dashboards’ draft regulations, which will include rules on the different stages pension schemes will need to start sharing their data to be included in the project. 

DC funds must move away from passive corporate bond allocations

News on the go

On the go: Defined contribution funds should follow defined benefit schemes and insurance companies in moving away from passive corporate bond allocations to improve climate resilience and member outcomes, according to Axa Investment Managers. 

Experts cite stewardship as more important than investment choices

News on the go

On the go: A majority of leading pension figures believes that effective stewardship is more influential in tackling environmental, social and governance issues than in what is being invested, according to participants at a Law Debenture event. 

RPI change may leave DB schemes at risk of overpaying transfer values

News on the go

On the go: The change to the retail price index means that defined benefit schemes risk overpaying transfer values by 10 per cent if transfer terms are not adjusted, according to calculations by Hymans Robertson.

UK DB surplus surges by £19.5bn in April

News on the go

On the go: The aggregate surplus of the 5,318 defined benefit schemes in the Pension Protection Fund 7800 Index has increased by £19.5bn in April.

Auto-enrolment participation stagnates in 2020

News on the go

On the go: 2020 was the first year to see unchanged levels of participation since the auto-enrolment scheme was introduced, according to new figures from the Office for National Statistics published on Monday. 

Govt urged to encourage later life pension contribution plan

News on the go

On the go: Policymakers should carefully consider later life cycle factors when developing future policies to increase retirement savings, according to the Institute for Fiscal Studies.

DC savers face retirement shortfalls as growth forecasts dip

News on the go

On the go: Millions of workers face life-changing retirement shortfalls, as lower growth forecasts are set to wipe a third off pot values, according to new research.