Net pay issue to widen as AE lower earnings limit rise confirmed
Low earners in net-pay schemes will lose out on more pensions tax relief as the gap between auto-enrolment (AE) qualifying earnings and the personal tax allowance widens.
Under plans announced by the Department for Work and Pensions (DWP) today (4 December), the lower earnings limit for AE is set to rise by £104 per year to £6,136 from April next year. Pensions and financial...
More Defined Contribution
Master trust update: Salvus hits £200m mark; Atlas and Hargreaves Lansdown join forces
Salvus Master Trust’s funds under management have surpassed the £200m as it continues to wait for authorisation from The Pensions Regulator (TPR).
PPI Future Book: Consolidation, contribution hikes and investment strategy key to boosting DC pension pots
The consolidation of smaller, higher-charging schemes, increased contribution rates and a move away from investment lifestyling towards DGFs and real assets could significantly boost the size of DC pots, latest analysis by the Pensions Policy Institute...
Trustees prepared for upcoming ESG regulations but admit to implementation challenges
Some 96% of trustees are ready for upcoming ESG regulations which will require schemes to agree their approach to responsible investment, according to Hymans Robertson.
DC schemes not aligned with member values but ESG shift could boost contributions by £1.2bn a year
Over three quarters (78%) of defined contribution (DC) members feel their pension scheme is not aligned with their values, latest research by Franklin Templeton shows.
Towards a value for money metric
Costs and fees are just a small part of the overall value for money definition, argues Con Keating