All State pension articles – Page 11
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OpinionStoring up a scandal? The risks of cashing in annuities
Talking Head: The Society of Pension Professionals’ Duncan Buchanan argues second-hand annuities could lead to a consumer backlash further down the line.
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Opinion
Altmann sets out on maiden voyage, industry expectations high
From the blog: Pensions minister Baroness Altmann of Tottenham – commonly known in the industry as Ros Altmann – yesterday delivered her maiden speech to the House of Lords, outlining the government’s thoughts on the state pension, consumer protection and what lies ahead for auto-enrolment.
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News
Half of DB schemes unsure how to tackle end of contracting out
Half of defined benefit schemes have not yet decided how they will deal with the end of contracting out, a survey of scheme decision-makers has indicated.
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Opinion
The break between state and private pensions is complete
Talking head: Jargonfree Benefits’ Steve Bee explains why the most recent round of reforms to the UK’s pensions system is a pivotal step on a momentous journey.
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Features
How JPMorgan and RBS give DC members retirement flexibility
JPMorgan and Royal Bank of Scotland are working to offer members of their defined contribution schemes flexibility in how they access their retirement savings, in light of the Budget reforms.
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News
Override sought ahead of state pension reforms
Legal experts have called for a statutory override in scheme rules to avoid members getting more benefits than originally intended from bridging pensions, as the industry approaches the switch to a single-tier state pension in 2016.
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NewsAutumn Statement 2013: How it affects your scheme
Today's Autumn Statement left schemes mulling state pension rises, a boost to exchange traded fund investment and an option to allow scheme members to top up their additional state pension.
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Opinion
Editorial: Freedom from want
The reaction to last week’s TUC report on state pension reform understandably focused on the results which, the union held, supported its claim that £144 a week would leave the “vast majority of people” worse off.
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NewsScottish state pension 'triple whammy' fears
Shadow pensions minister Gregg McClymont has said Scotland’s state pension provision will be hit by a demographic “triple whammy” should the country vote for independence next September.
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Opinion
Editorial: Repairing the roof in the rain
Last week’s Queen’s Speech targeted “two of the major problems of our time” – state care and pension provision.
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News
United Utilities takes action to lessen state pension impact
United Utilities has set up a special risk management group to deal with the impact of changes to the state pension due in 2016, and has warned schemes not to ignore the upcoming reform.
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FeaturesTesco: Control the cost of losing contracting out
The government is plotting a statutory override to help schemes remove contracting-out rules. Tesco's group pensions director tells Ian Smith how to control the cost of the changes.