News

Workplace pension saving takes biggest U-turn in decades

Professional Pensions | 30 Oct 2014 | 13:05

Around 30% more people are saving into a workplace pension after auto-enrolment (AE) helped reverse a downward spiral spanning almost 50 years.

roadsign-arrow
investigations-magnifying-glass

Central bank in major probe of bond, FX and commodity markets

The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.

Professional Pensions | 30 Oct 2014 | 12:53

halt

De-risking grinds to a halt

The wholesale movement of scheme assets from equities to fixed interest ground to a halt last year according to data from the Pension Protection Fund (PPF).

Professional Pensions | 30 Oct 2014 | 12:33

Other News Articles

netherlands-windmills

PPI: CDC less attractive under freedom and choice

The Budget flexibilities may make collective defined contribution schemes (CDC) less appealing, according to the Pensions Policy Institute (PPI).

Professional Pensions | 29 Oct 2014 | 13:20

westminster

Government urged to replace state pension with compulsory DC

The government should consider scrapping the state pension to avoid national debt reaching unmanageable levels, argues a think tank.

Professional Pensions | 29 Oct 2014 | 13:02

uncertainty

Most DC savers have no clue how to use pension pot

The majority of defined contribution (DC) savers do not know how they will use their pension pot and only have a vague idea when they will retire, according to research.

Professional Pensions | 29 Oct 2014 | 12:19

mark-boyle-tpr

Watchdog fines first employers over AE failures

Three employers have been issued fixed penalties of £400 in The Pensions Regulator’s (TPR) first use of fines for failures related to auto-enrolment (AE).

Professional Pensions | 29 Oct 2014 | 11:47

treasury-london

Treasury to get £1.6bn windfall from ‘unsuspecting pension investors’

HM Treasury could land a healthy windfall of £1.6bn as up to 200,000 people are expected to cash in the pension pots in April, according to research.

Professional Pensions | 28 Oct 2014 | 13:36 | To read this article you must be a subsriber

EU flag

IORP II redraft recognises 'social purpose' of schemes

EU policymakers have stopped describing schemes as “financial institutions” and left more powers with member states in the latest draft of its Institutions for Occupational Retirement Provisions (IORP II) directive.

Professional Pensions | 28 Oct 2014 | 13:24 | To read this article you must be a subsriber

Vince Cable

Government calls for greater progress on Kay Review reforms

The investment industry must work harder to realise the recommendations made in the Kay Review, the government says.

Professional Pensions | 28 Oct 2014 | 13:21 | To read this article you must be a subsriber

adviser7

Pensions Trust launches DB legacy scheme service

The Pensions Trust (TPT) has launched a service to help employers deal with legacy arrangements arising from defined benefit schemes (DB).

Professional Pensions | 28 Oct 2014 | 12:58 | To read this article you must be a subsriber

Gatwick Airport planes taking off

Monarch scheme to enter PPF after restructuring

The Monarch Airlines scheme will enter the Pension Protection Fund (PPF) after a restructuring which will see the lifeboat fund take a 10% stake in the scheme’s exiting sponsor.

Professional Pensions | 27 Oct 2014 | 13:45 | To read this article you must be a subsriber

Taking a risk with dice

L&G reinsures £1.35bn of longevity risk

Legal & General (L&G) has reinsured the longevity risk relating to £1.35bn of bulk annuity contracts with Prudential Retirement Insurance and Annuity Company (PRIAC).

Professional Pensions | 27 Oct 2014 | 13:04 | To read this article you must be a subsriber

« Previous

Pensions library

a-guide-to-pensions-stability-cover-page

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-imageset

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

Events