All Treasury articles – Page 11
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OpinionTreasury: Building on the success of the freedoms
Talking Head: Just over five months ago the government introduced the most far-reaching changes to how defined contribution pension savings could be accessed in nearly a century.
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OpinionSPP: Tax does have to be taxing
Talking Head: The consultation launched following July's Budget may well be more than those who were calling for a review of the pension tax system had in mind.
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Opinion
Holiday reading: Transfers and exit charges – consultation basics
From the blog: The government has today launched a 12-week consultation into pension transfers, early exit charges and the provision of financial advice.
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Opinion
Reviving the argument for an independent pension commission
In March Dame Anne Begg, the chair of the Work and Pensions Committee, said: “A new independent pensions commission is now needed to provide coherence in pensions policy, and to build public confidence and long-term stability in the system.”
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OpinionWhat are pension input periods and why do they matter?
Before April 6 2006 the limit on pension contributions by members was based on earnings for the tax year.
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OpinionEditorial: One hundred days…
Last week saw us pass the somewhat arbitrary milestone of 100 days since the introduction of the freedoms, and providers and commentators rushed to give their take on the story so far.
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NewsTreasury to consult on 'excessive' exit charges
The Treasury has today announced it will consult on easing pension transfers and capping the exit fees charged to pension savers looking to take advantage of the new flexibilities.
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Opinion
Where employers can help fill the guidance gap
The Budget announced exciting and attractive individual choice at retirement, but greater flexibility demands better information and understanding to help make the most appropriate decisions.
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Opinion
NAPF: There are still too many unknowns on pension 'freedoms'
It’s the final countdown for the implementation of the 'freedom and choice' reforms. However, with only around 30 working days and counting until the reforms go live, time is rapidly running out.
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Opinion
Altmann: Don't abandon member safeguards in DB-DC transfers
Allowing people to decide for themselves how best to use their pension savings is broadly welcome.
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Opinion
Is Labour right to argue for extending auto-enrolment to 1.5m lower earners?
From the outset, the Pensions Commission’s vision for auto-enrolment was a regime designed for low to medium earners.
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Opinion
What the guidance guarantee means for your scheme
The Treasury’s proposals for more freedom and choice for individuals retiring with a workplace pension present one of the most complex set of challenges for scheme practitioners in recent years.
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News
Civil service employers face increased contributions after discount rate cut
Participating employers of the Principal Civil Service Pension Scheme will face an increase in their pension costs, due to a reduced discount rate, following government efforts to control public spending.
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News
Buy-in market predicted to reach new heights
The amount of scheme liabilities underwritten by insurers is expected to reach a record high this year as buy-ins become more affordable and scheme confidence grows, derisking consultants have said.
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NewsGilt yield falls confound expectations and depress funding
Investment advisers have been taken by surprise by the recent drop in government bond yields which have inflated schemes’ liabilities and delayed derisking strategies.
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News
Industry calls for better DC risk guidance to hit target outcomes
Industry figures have called for better guidance for defined contribution members to help them choose the appropriate level of risk pre-retirement to achieve their target outcomes.
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News
Greater DC flex forecasted to raise member savings
Increased at-retirement flexibility for defined contribution members introduced by the Budget may lead to higher member contributions, experts have predicted, which could put pressure on some employers' pension structures.
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News
Consultants expect DC flexibility to drive DB member transfers
Defined benefit schemes could see a short-term increase in requests from members to switch their benefits into defined contribution schemes, due to potential government plans to restrict such transfers, benefit consultants have predicted.
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FeaturesSchemes wary of leveraged infrastructure deals
Chancellor George Osborne used his Autumn Statement to announce a plan to “unlock” pension funding for infrastructure investment. But Owen Walker finds schemes cautious of the risks associated with such deals.
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FeaturesStrathclyde tackles four main infrastructure risks
Strathclyde Pension Fund has agreed in principle to commit £100m to the Pensions Infrastructure Platform (Pip), and has invested £100,000 to help set up the initiative.