More master trust news – Page 34
-
News
Deluge of information stifles retirement choices
An excess of information on the pension freedoms risks poor outcomes for “procrastinating” defined contribution savers, experts have warned, meaning the industry must improve member communication and engagement.
-
OpinionWhat will the pension freedoms mean for you this year?
One year on from the introduction of the pension freedoms, the Treasury’s Harriett Baldwin looks at the changes underway that are intended to help make them work.
-
News
Select committee flags Lisa as AE opt-out concern
A recent report from the Work and Pensions Committee has raised concern that the Lifetime Isa could lure people out of pensions, but the industry is divided over whether Lisas are a threat or potential boon for auto-enrolment.
-
News
Queen's speech promises mastertrust regulation
Long-anticipated mastertrust legislation was announced in the Queen's speech this week, providing protection for consumers and increased powers for the Pensions Regulator, but details are still sparse.
-
OpinionPutting the ‘trust’ in mastertrusts
From the blog: Like the proverbial three bears, regulators face criticism if they deviate from carefully calibrated positions. Too ‘hot’ and undue costs could be placed on industry. Too ‘cold’ and consumers’ protection can suffer.
-
Opinion
Our priorities and approach – an update from the Pensions Regulator
Lesley Titcomb reveals which issues top the regulator’s agenda over the next three years.
-
OpinionAre mastertrusts financially stable?
Professional trustee company PTL’s Richard Butcher takes a closer look at the financial risks mastertrusts take.
-
Opinion1.6m reasons why technology is key to auto-enrolment
As our industry is busy preparing for the 1.6m small employers set to auto-enrol over the next two years, we are focused on the scale of the task before us. After all, we are halfway through the biggest shake-up to the pensions sector in our lifetimes.
-
News
Regulator announces mastertrust crackdown
The Pensions Regulator has announced plans to crack down on poorly governed mastertrusts, as auto-enrolment begins to show clear winners and losers among schemes.
-
News
More than a third support Lisa expansion, research shows
Many under-40s are planning to save into Lifetime Isas alongside their workplace pension, research commissioned by mastertrust Now Pensions this week revealed, but support for expansion of the new savings vehicle could pose a threat to pensions.
-
NewsSchemes think long term to tackle future risk
PLSA Investment Conference 2016: Panellists from both public and private sector defined benefit arrangements and defined contribution mastertrust Nest assessed the complex matrix of risks facing schemes across the UK.
-
Opinion
The top three pension priorities
From the blog: With the introduction of the pension freedoms in April 2015, employees were given far greater flexibility to draw down their pension pot. But, despite it being nearly a year since the freedoms, many people are still unaware of just how their options have broadened.
-
News
Larger mastertrusts welcome imminent regulation
Providers have welcomed plans to increase regulation of mastertrusts, as the government reveals it intends to bring in legislation for the arrangements “as soon as practically possible”.
-
OpinionA trustee’s duties in the era of freedom and choice
Nest Corporation’s Otto Thoresen seeks answers to the question of what the scope of trustee duties might be since the introduction of freedom and choice.
-
OpinionA welcome surprise from small employers
Talking Head: Pick up any pension magazine at the moment and you’re likely to find a lot of stories about auto-enrolment. Unsurprisingly, given that 1.8m small employers are starting to stage this year, there is a lot of talk about the challenges they might face.
-
NewsEmployers feel the squeeze of AE
Employers are feeling the cost of providing auto-enrolment far more than scheme members, research from the Chartered Institute of Personnel and Development has shown.
-
NewsCost and complexity increase support for multi-employer schemes
The cost and complexity of running a pension scheme is increasing the appeal of multi-employer schemes, experts have said, as a survey shows industry support for government-backed scheme consolidation.
-
News
DC consolidation driven by more than auto-enrolment
The number of people saving into large defined contribution schemes has more than quadrupled since 2009, figures from the Pensions Regulator have shown, as signs of DC consolidation begin to appear.
-
FeaturesThe top 5 DC stories from 2015 reflect a challenging year
Year in Review: It was a massive year for defined contribution, with new pension flexibilities, the subsequent government guidance promise and of course the charge cap to contend with.
-
OpinionAE for smaller employers: Have a plan and tackle it early
The number of small and micro businesses due to start auto-enrolling employees is set to increase dramatically next year. Mastertrust Now Pensions’ Morten Nilsson explains how they should prepare for this change.