The Financial Reporting Council (FRC) has revised regulation around Statutory Money Purchase Illustration (SMPI) regulations to let providers use their discretion on assumptions relating to auto-enrolment increases and guaranteed annuity rates.
Pension schemes are missing out on savings by failing to embrace technology, according to research from Barnett Waddingham.
The Merchant Navy Officers' Pension Fund (MNOPF) is set to launch an industry-wide defined contribution (DC) scheme for officers and ratings in the Merchant Navy.
Michael Klimes asks whether the Dutch CDC model is the way to go for UK pensions
JLT's Mark Wood says the concept of a pension has all but disappeared since the Budget
Annuities have been brought into line with drawdown, but inconsistencies remain
Yesterday's statement was nothing compared to the shock announcement in the Budget, but there was still plenty for the pension industry to chew on. Here are the main talking points.
BESTrustees has appointed Mercer's Rachel Brougham as a trustee executive to meet increasing demand from master trusts and insurers setting up independent governance committees (IGCs).
Ikea has topped up long-serving employees' pension pots by more than £1,000 each as part of a €200m (£157m) bonus scheme.
The Treasury will net an additional £1.15bn in taxes as a result of defined benefit (DB) members transferring to take advantage of incoming defined contribution (DC) freedoms.