Standard life

Cost of charge cap exceeds DWP forecast

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

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


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

Former British prime minister Gordon Brown

Brown: Scottish pensioners better off under risk sharing with UK

Scottish pensioners enjoy better provision as part of the UK because of risk and resource sharing across the union, former prime minister Gordon Brown is expected to say.

Professional Pensions | 22 Apr 2014 | 11:40 | To read this article you must be a subsriber


Towers Watson appoints Kite as head of pensions in Scotland

Towers Watson has appointed Jo Kite to the newly-created role of head of pensions and benefits in its Scottish division.

Professional Pensions | 17 Mar 2014 | 10:48 | To read this article you must be a subsriber


Insurers race to hire for governance committees

Insurers say they are struggling to set up independent governance committees (IGCs) for their contract-based schemes and hire suitable candidates due to a limited timeframe.

Professional Pensions | 06 Mar 2014 | 07:00 | To read this article you must be a subsriber

Cash box

Standard Life may ban workplace pension adviser charging

Standard Life is investigating placing a ban on adviser charging in connection with workplace pensions following discussion with the Financial Conduct Authority (FCA).

Professional Pensions | 04 Mar 2014 | 10:42 | To read this article you must be a subsriber


Standard Life could exit Scotland over independence

Standard Life has put contingency plans in place to relocate its operations should Scotland vote for independence.

Professional Pensions | 27 Feb 2014 | 12:19 | To read this article you must be a subsriber


Ombudsman reports scheme in seven-year wind-up to TPR

The Deputy Pensions Ombudsman (DPO) has ruled against the trustees of a defined contribution (DC) scheme that has not completed wind-up after seven years.

Professional Pensions | 06 Feb 2014 | 07:00 | To read this article you must be a subsriber


Webb reveals meetings with insurers

Pensions Minister Steve Webb has revealed that Department for Work and Pensions (DWP) officials met representatives of leading insurers 27 times over the last four months.

Professional Pensions | 04 Feb 2014 | 13:32 | 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



Workplace Savings and Benefits Awards

11 Sep 2014

London, UK


Defined Contribution Conference 2014

17 Sep 2014

London, UK