All News articles – Page 30
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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.
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NewsBudget 2024: Reeves raises employer national insurance
Changes also include higher employment allowance and the inclusion of inherited pensions in the inheritance tax system.
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NewsBudget 2024: National insurance hike ‘terrible news’ for pension adequacy efforts
Former pensions minister Steve Webb argues that higher costs for employers will make it harder to increase pension contributions later.
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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.
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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.
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NewsBulk annuities latest: L&G insures Deutsche Bank scheme for £1.1bn
Plus, Just Group completes £18m full buy-in with St Modwen scheme covering 270 members.
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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.
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News‘Companies are not listening to us’: DC schemes’ net zero challenges
Sustainability leaders at Nest and NOW Pensions outline issues with engagement and achieving stewardship goals that risk stalling the momentum of tackling carbon emissions and climate change.
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NewsPension and decumulation complaints rise by 27% in 18 months
Some industry figures question whether consolidation is working, as the FCA publishes complaints data.
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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.
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NewsGeneration Rent retirees could be forced to flee from cities to find housing
Review housing plans and set out a roadmap for improving adequacy, the International Longevity Centre tells the government.
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NewsInvestors increasingly understand social impact investing
The UK’s social impact investment market grew to £10bn at the end of 2023.
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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?
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NewsLook beyond dashboard connection date, schemes told
With a connection timeline established, trustees need to address dashboard needs and work with third parties to achieve them, delegates at the PLSA conference heard last week.
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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.
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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.
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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.
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NewsPLSA Conference: DB is ‘part of the future of pensions’
Defined benefit 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.
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NewsPLSA Conference: Pensions and the TikTok generation
Scottish Widows’ Robert Cochran and financial journalist Iona Bain explored social media’s impact on pension engagement and the success of the Pay Your Pension Some Attention campaign.
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NewsValue for Money plans not set in stone, say regulators
The FCA and TPR are open to changing their planned ‘red-amber-green’ model for the Value for Money framework as the consultation process continues.