Latest articles from Stephanie Hawthorne

OPDU launches independent pension trustee liability policy

On the go: The Occupational Pensions Defence Union has launched a pensions trustee policy aimed at individual independent trustees in the UK.

Pension freedoms withdrawals reach record high

On the go: The Treasury’s pension freedoms tax bonanza continues, as record sums are being withdrawn.

Accountant fined £6,857 for providing false information to avoid AE duties

On the go: The accountant of a London cafe has been ordered to pay £6,857.50 after he admitted falsely claiming to the Pensions Regulator that staff had been enrolled into pensions.

Govt must act on social care as crisis looms with rise in ageing population

On the go: A quarter of UK residents will be aged 65 years or over within the next 50 years. This is a result of improvements in life expectancy. 

Aon: Do not 'just kick the tyres' on historic valuation approaches

On the go: Aon is urging sponsors and trustees of UK defined benefit schemes to do more than “just kick the tyres on historic valuation approaches” and check their actuarial valuation choice is right for their scheme.

Pensions gender pay gap reaches 40 per cent

On the go: Women retire with pension incomes almost 40 per cent lower than men on average, according to new research, despite recent legal efforts to ensure equality in the state pension system.

Pension savers overtaxed by 'staggering' £372.5m

On the go: The government faces growing pressure to review ‘emergency tax’ treatment of pension freedoms withdrawals, after it was revealed that a staggering £372.5m has now been reclaimed by pension savers since the freedoms were launched in April 2015.

More than half of small firms have switched AE provider

On the go: In a fluid market, more than half of small and medium-sized businesses have already switched their auto-enrolment provider. Most firms cited value for money or investment performance as the reason for the move.

Default fund takes on a green hue at WTW master trust

On the go: Following demand from members, LifeSight, Willis Towers Watson’s defined contribution master trust, will allocate around half of the equity investments within its default fund into environmental, social and governance investment strategies by Q4 2018.

Schemes shift attention from interest rates to inflation hedging

On the go: Inflation hedging has seen a sharp rise with activity up by 22 per cent in the third quarter of 2018, to around £24.2bn. Total interest rate hedging activity was around £29.2bn in the third quarter, a 1 per cent fall according to the BMO Global Asset Management.