Chancellor provided no update on the Pensions Review and no clarity around AE
Deal secures benefits of 1,700 retirees and 3,000 deferred members
Martin Richmond looks at the benefits and drawbacks of allowing early access to pensions
Hymans said administering authorities are already delivering other time-sensitive changes
PLSA rebrands to Pensions UK, FCA targeted support plans, and Hymans launches sole trustee service
Firm said it will help schemes establish plan for run-on as they face ‘constantly shifting regulatory landscape’
Service will be delivered by specialist client team at the firm to assist sole trustees
Easing the regulatory regime could ‘unlock the gates’ to support those not accessing advice
Having to pay housing costs in retirement reduces chances of minimum RLS to 43%
Hymans says independent schools must ‘carefully consider’ teachers’ pension provisions