In the last of a five-part series of articles for PP, pensions minister Guy Opperman explains how pension dashboards will help consolidate pensions.
In the fourth of a five-part series of articles for PP, pensions minister Guy Opperman sets out how revised funding arrangements for defined benefit schemes will better protect members.
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
Phoenix Group has committed to its operations being net-zero by 2025, and its investment portfolio being net-zero by 2050.
In the third of a five-part series of articles for PP, pensions minister Guy Opperman sets out how impending legislation will help crackdown on 'crooks' scamming people out of their pensions.
The Association of Member Nominated Trustees (AMNT) has officially launched a working group focused on dismantling the “overly complex and archaic” barriers to trustee voting.
In the second of a five-part series of articles for PP, pensions minister Guy Opperman talks about putting trustees’ duty to manage climate risk on a statutory footing
In the first of a five-part series of articles for PP, pensions minister Guy Opperman sets out how impending legislation will improve pensions for members.
The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.
Ethical pensions campaign Make My Money Matter (MMMM) has called on the government to use the Pension Schemes Bill to require all UK pension funds to commit to net-zero emission investment strategies.
Jonathan Stapleton says that, while the production of two-page simpler annual statements is no panacea for member engagement, it is a welcome step in the right direction.
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
Timeline for pensions dashboards announced - Data standards due in December but consumer offering not available until at least 2023
The Pensions Dashboards Programme (PDP) has published its second progress update report – setting out a timeline for the development of the project.
Almost three-quarters of PP readers disagree that pension scheme members should be allowed to access funds early to use as a house deposit.
The Pensions and Lifetime Savings Association (PLSA) has called for amendments to the Pension Schemes Bill to ensure new regulatory powers do not unintentionally prevent schemes from taking action in members’ interests.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
This week’s top stories included a warning from Lincoln Pensions on the “triple whammy” faced by sponsor covenants, while MPs called for further input on the Pension Schemes Bill.
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.
Consolidation across defined benefit (DB) and defined contribution (DC) schemes is the most-anticipated trend for the UK pensions industry over the next five years, the Pensions and Lifetime Savings Association (PLSA) has found.
The BT Pension Scheme (BTPS) has become the latest pension fund to commit to a net-zero investment strategy by a fixed date in order to mitigate the financial risks from climate change.
The Pension Schemes Bill has been passed in the House of Commons at the second reading, laying the groundwork for its final approval.
Sustainable pension investments are vital in overarching plans to push the UK to net-zero carbon emissions, Guy Opperman says.