All News articles – Page 11
-
NewsBudget 2024: Industry welcomes boost for UK investment
Investors have praised the government’s promised boost to UK investment but urged it to focus on creating opportunities, following this week’s Budget announcements.
-
NewsMineworkers to receive 32% pension bonus
Members of the Mineworkers’ Pension Scheme will receive a bonus payment of almost a third of their regular pension income after the government confirmed it will transfer a reserve fund’s assets to the trustees.
-
NewsBudget 2024: Reeves raises employer national insurance
The government will increase the national insurance rate by 1.2 percentage points from next April as part of a plan to raise £25bn in tax.
-
NewsBudget 2024: National insurance hike ‘terrible news’ for pension adequacy efforts
Changes announced in the budget today (30 October) could make it more difficult to increase pension contributions and may even lead to reductions, according to industry commentators.
-
NewsBudget 2024: ‘Devil is in the detail’ of tax change implications
While chancellor Rachel Reeves opted against introducing some of the more radical changes to pension tax speculated on before the Budget, decisions announced today will still have implications for schemes, administrators and pensioners.
-
NewsBulk annuities latest: L&G insures Deutsche Bank scheme for £1.1bn
Legal & General (L&G) has completed a £1.1bn buy-in with Deutsche Bank’s UK defined benefit scheme, securing the pensions of around 4,000 members.
-
News‘Companies are not listening to us’: DC schemes’ net zero challenges
Progress towards achieving net zero carbon emissions by 2050 is being hampered by some companies failing to engage with pension schemes or backtracking on previous commitments, according to research.
-
NewsAviva converts longevity swap as part of £1.3bn RAC buy-in
Aviva has secured a £1.3bn buy-in for the RAC 2003 Pension Scheme, insuring the benefits of approximately 19,000 members.
-
NewsPension and decumulation complaints rise by 27% in 18 months
Some industry figures question whether consolidation is working, as FCA publishes complaints data
-
NewsInvestors increasingly understand social impact investing
UK’s social impact investment market grew to £10bn at the end of 2023
-
NewsGeneration Rent retirees could be forced to flee from cities to find housing
Review housing plans and set out a roadmap for improving adequacy, International Longevity Centre tells government
-
NewsNOW Pensions accelerates climate action
A massive 76% of total holdings in the diversified growth fund are now directly linked to the trustee board’s responsible investment objectives.
-
NewsFind an alternative to DC – or else
We need an alternative to DC for a dignified retirement, former general secretary of the Communication Workers Union warns. Could CDC be the sustainable alternative to DC that society needs?
-
NewsIncentives needed to invest in productive finance, say master trusts
Master trusts believe more support from both the government and the asset management industry is needed to invest in productive finance.
-
NewsLook beyond dashboard connection date, schemes told
Trustees have been urged to use their dashboard connection date as the first in a series of triggers that need close attention as the tool continues to evolve.
-
NewsUK pension system declining against other countries, research shows
The UK’s pension system has lost its top-10 position among global retirement systems, according to the latest Mercer CFA Institute Global Pension Index.
-
NewsValue for Money plans not set in stone, say regulators
The regulators are open to changing their planned ‘red-amber-green’ model for the Value for Money framework as the consultation process continues.
-
NewsPLSA Conference: DB is ‘part of the future of pensions’
Defined benefit (DB) should be considered part of the future, not just the past of pensions, according to panellists at the Pensions and Lifetime Savings Association’s Annual Conference.
-
NewsPLSA Conference: Pensions and the TikTok generation
One of the UK’s largest pension providers got millions of hits on its TikTok videos as part of a successful engagement campaign, delegates at the Pensions and Lifetime Savings Association’s (PLSA) Annual Conference in Liverpool heard.
-
NewsPLSA Conference: Delegates support national insurance changes
National insurance should be applied to employer pension contributions if the chancellor is looking to pensions to help plug the economic black hole, according to a poll of delegates at the Pensions and Lifetime Savings Association’s Annual Conference.