The government has unveiled a plan to allow those who have reached 65, or who will do so before April 2016, to increase their basic weekly state pension (SP) by up to around £25 per week.
The Daily Mail has calculated that for every £900 they pay, their weekly SP will increase by £1. But the DWP has yet to set the final figure. The lucky winners can pay up to £25,000 to Osborne. I assume...
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Around 12,000 PensionBee users have registered for shares in the company after it confirmed its initial public offering (IPO) would comprise an offer to both institutional investors and eligible customers.
In Newton’s latest DC column, Catherine Gill explores how master trusts can evolve their investment strategies against a changing backdrop
The occupational defined contribution (DC) market consolidated further in 2020 with the number of trust-based plans falling substantially during the year, latest data from The Pensions Regulator (TPR) reveals.
Auto-enrolment (AE) contributions must rise to 12% to put the UK on par with the rest of the Organisation for Economic Co-operation and Development (OECD) countries, The Investing and Saving Alliance (TISA) says.