Standard life

Massive drawdown demand to cause ‘capacity crunch’ – Standard Life

Professional Pensions | 05 Nov 2014 | 11:42 | To read this article you must be a subsriber

Demand for drawdown is likely to increase by a factor of five when retirement freedoms kick-in, causing a market ‘capacity crunch’, Standard Life has warned.


Watchdog takes firm stand against AE failures

The Pensions Regulator has fined its first firms over auto-enrolment issues. Natasha Browne looks at the significance of this

Professional Pensions | 03 Nov 2014 | 10:56


Leader: AE – credit where credit is due

The industry is panicked by all the reforms unleashed in the Budget 2014, but AE is well under way. This is one area in which it can sit back and rest assured it has done enough to make the initiative work.

Professional Pensions | 18 Sep 2014 | 11:29 | To read this article you must be a subsriber


SL to close DB scheme to future accrual

Professional Pensions | 16 Sep 2014 | 10:35 | To read this article you must be a subsriber

A hand putting a voting slip into a box adorned with the Scottish flag denoting the Scottish independence referendum

Standard Life reveals further Scottish independence contingency plans

A ‘yes’ vote in the Scottish referendum could see Standard Life move its pensions, investment and other long-term savings operations out of the country.

Professional Pensions | 11 Sep 2014 | 11:56 | To read this article you must be a subsriber


Defaqto proposes fine for providers that exit AE as demand heats up

Pension providers that “cream off profits” and withdraw from the auto-enrolment (AE) market just as small and medium-sized employers (SMEs) stage should be fined, Defaqto says.

Professional Pensions | 10 Sep 2014 | 13:09 | To read this article you must be a subsriber


Standard Life to close DB scheme to future accrual from April 2016; upgrades DC alternative

Standard Life has announced it is closing its defined benefit scheme – currently used by 55% of its employees – to future accrual from April 2016.

Professional Pensions | 09 Sep 2014 | 13:29 | To read this article you must be a subsriber


Cost of charge cap exceeds DWP forecast

The cost of implementing the 0.75% charge cap has already overshot expectations from the Department for Work and Pensions (DWP).

Professional Pensions | 06 Aug 2014 | 11:10 | To read this article you must be a subsriber


Standard Life annuity margins down 60% post-Budget

Annuity margins at insurer Standard Life were down 59% in the first half of the year due to the sweeping changes to retirement income announced in the Budget, latest results show.

Professional Pensions | 05 Aug 2014 | 10:49 | To read this article you must be a subsriber


Pension transfers: Industry must get its act together, says McPhail

The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.

Professional Pensions | 11 Jul 2014 | 10:10 | To read this article you must be a subsriber


Is the pensions industry prepared for independence?

Natasha Browne looks at what an independent Scotland would mean for occupational pension schemes

Professional Pensions | 27 Jun 2014 | 12:43


Pru annuity sales 35% lower as Budget changes continue to bite

Prudential has become the latest life company to report severely hit annuity sales in the wake of radical reforms to how people can access their pension.

Professional Pensions | 08 May 2014 | 13:39 | To read this article you must be a subsriber


Standard Life's annuity sales tumble 50% after Budget changes

Standard Life has said its sales of annuities have fallen by half following changes to the rules around retirement announced in last month's Budget.

Professional Pensions | 30 Apr 2014 | 11:27 | To read this article you must be a subsriber

Pensions library


A guide to Pensions Stability


This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.


Joint institute pensions survey 2014


This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

Job of the week