Professional Pensions | 16 Feb 2015 | 10:34 |
Natasha Browne looks at the reasons why the UK retirement landscape is lagging behind its northern European neighbours.
Top stories on PP this week included worries about the funding impact of DB members cashing out, small pot consolidation, and Steve Webb's hopes and regrets. Here's what you might have missed.
Professional Pensions | 13 Feb 2015 | 09:00 |
A month after Steve Webb announced that pot follows member would begin on an opt-in basis, the Department for Work and Pensions (DWP) has published its proposals for auto-transfers. The system will run under a number of caveats; most notably, that it will initially only apply to money purchase pensions in charge-capped default funds.
Professional Pensions | 12 Feb 2015 | 17:33
Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, the ageing society and the Treasury to break down silos between the departments.
Professional Pensions | 11 Feb 2015 | 12:47 |
The Department for Work and Pensions (DWP) has published proposals to automatically transfer small pots when savers move jobs, with exemptions for funds outside the 0.75% charge cap.
Professional Pensions | 11 Feb 2015 | 12:32 |
Steve Webb believes his most notable achievement in five years as pensions minister has been the state pension reforms.
Professional Pensions | 09 Feb 2015 | 13:14 |
PP examines the industry’s response to the government’s Better Workplace Pensions regulations.
Professional Pensions | 09 Feb 2015 | 09:30 |
The Pensions Advisory Service (TPAS) has warned the public’s perception of pensions could be damaged by disappointment in the Budget flexibilities.
Professional Pensions | 06 Feb 2015 | 12:46 |
Pensions minister Steve Webb has eased concerns the government could introduce regulations on decumulation products ahead of the general election.
Professional Pensions | 06 Feb 2015 | 12:32 |
Shadow pensions minister Gregg McClymont could lose his seat in May according to polling that found a 25.5% swing from Labour to the Scottish National Party (SNP) in his constituency.
Professional Pensions | 05 Feb 2015 | 13:05 |
The government has laid draft regulations before parliament to introduce a charge cap on defined contribution (DC) default funds alongside a raft of additional governance requirements for trustees.
Professional Pensions | 04 Feb 2015 | 11:38 |
The government’s free Pension Tracing Service (PTS) will triple its staff number to 49 after experiencing an upsurge in demand last year.
Professional Pensions | 02 Feb 2015 | 11:49 |
If there is one aspect of pension reforms in the UK about which pensions minister Steve Webb is most passionate it is probably collective defined contributions (CDC). At the Trades Union Congress (TUC) Pensions Conference Webb spoke of CDC in glowing terms. His rival, shadow pensions minister Gregg McClymont did the same. A powerful argument for CDC is that it pools risks and resources in a way that is attractive to members.
Professional Pensions | 26 Jan 2015 | 11:21 |
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