While the latest guidance from The Pensions Regulator (TPR) provides more relief for providers, trustees are not yet able to cope with the demands of meeting its expectations, the industry says.
There were 4% more deaths registered in week 23 of 2020 than if death rates had been the same this time last year, down from 17% last week, according to the Continuous Mortality Investigation (CMI).
Legal & General has switched on a “manage your account” portfolio for 3.7 million defined contribution (DC) scheme members across the UK.
The Money and Pensions Service (Maps) has a “critical role to play” in the UK’s economic recovery from coronavirus, it says in a ten-year corporate plan released today.
LV= is exploring the sale of its remaining life and pensions operations, Sky News has reported.
This week’s top stories included a three-month extension for NHS Pension Scheme members to use the Covid-19 voluntary scheme pays facility, while a small amendment to the Pension Schemes Bill caused confusion over the running of the pensions dashboard....
The pensions industry’s regulators and key players have identified climate change and the Covid-19 pandemic as key risks to the sustainability of high-quality actuarial work.
The Pension Scams Industry Group (PSIG) has today (10 June) called on the Financial Conduct Authority (FCA) to consider further interventions to protect pension scheme members from scams.
A small amendment to the pension schemes bill on 8 June has been labelled ‘significant’ in meeting criticism of the pensions dashboard but has sparked confusion over whether it could confirm a ‘water-tight’ commitment to run a single dashboard.
There is a continued gradual decline in the number of excess weekly deaths in England and Wales three months into the Covid-19 lockdown, according to the Continuous Mortality Investigation (CMI).