Company schemes face fivefold rise in levies; Michelin to close pension scheme; Hedge fund survey reveals lower gearing; Hargreaves Lansdown float could raise £178m
Company schemes face fivefold rise in levies The Telegraph (pg B8) Some schemes will pay five times as much in levies to the Pension Protection Fund as last year according to Watson Wyatt. Michelin...
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.
The Liberal Democrat party has passed a motion pledging to cap tax-free lump sums under Freedom of Choice at £40,000 if elected into government.
In a hard-hitting interview with Stephanie Baxter, the former chairman of Carillion Pension Trustees explains why he thinks a blame culture and too much red tape are damaging pensions and why he feels regulators are getting it wrong.
Senior decision makers from more than 20 major pension providers and administrators have come together to discuss how the pensions dashboard could be made a reality.