Communications consultancy Quietroom has developed a simplified statutory money purchase illustration (SMPI) in a bid to engage members with their pension savings.
A SMPI is a yearly illustration of the estimated pension a member might get from their pension pot when they retire. It is adjusted to allow for inflation on the cost of living in the period to retirement....
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.
PRAG updates guidance on cybercrime protection as 43 pension organisations report breaches to ICO over past two years
The Pensions Research Accountants Group (PRAG) has published updated guidance to help trustees protect their schemes from cybercrime.
The government has launched a consultation seeking views on its proposals on how it will continue to provide full indexation of public service pensions, including any GMP element.
Capita has appointed Stuart Heatley as the managing director of its pensions business to succeed Nigel Purveur.