Legislation

MONEY-PURCHASE scheme members' dependents will be unfairly penalised by new rules on tax-free death benefits, an actuary claims

AUSTRALIA - A taskforce recommendation which suggests raising the superannuation guarantee exemption threshold would see younger workers and women lose their super guarantee, the Association of Superannuation Funds Australia (ASFA) has claimed.

SO, what exactly is communication? A much relied-upon "buzz" word, communication seems to be inte...

UK - The Department for Work and Pensions (DWP) will now consult on the way pension transfer values are calculated for defined benefit occupational schemes.

UK - Raj Mody (pictured) has joined PricewaterhouseCoopers as a partner in its UK pensions practice, having spent many years with Hewitt Associates.

UK - Proposed new contracting-out rebates for employers sponsoring DB pension schemes would fall around £2bn short, more than double the figure touted by Mercer HR Consulting last week, according to Hymans Robertson, who accused government of not listening...

POLAND - Polish pension funds are calling on the government to relax legislation which prevents them from investing more than 5% outside the domestic market.

UK - Minister for Pensions, Stephen Timms (pictured), has hinted that the government will support automatic enrolment or soft compulsion - one of the recommendations that reportedly forms part of the Pensions Commission's soon to be published report on...

UK - Marconi will make a £185m cash injection to its UK pension plan and set aside a further £490m, if the planned £1.2bn sale of its telecommunications equipment and international services businesses to Ericsson goes ahead.

UK - Company pension scheme rebates are "inadequate" and should rise by at least 25% or £2bn annually, according to Watson Wyatt.