The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants
Ensuring the investment mandate of a default strategy is as closely aligned to the members needs as possible is the number one priority of an investment manager. Portfolio Manager - Multi-Asset Solutions, David Hutchins explains how AllianceBernstein's (AB) unique modelling tools allow us to analyse each individual member, in order to optimise management of investment horizon, risk appetite and budget as well as preferences such as Environmental, Social and Governance (ESG) tilts throughout the duration of the plan.Download