Ruston Smith
UPDATED: DWP to mandate use of simpler annual statements for auto-enrolment DC schemes
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
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Simpler pension statements must be compulsory
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
DB trustees urged to engage with advisers to avoid 'reputational damage'
Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.
PensionBee leads industry with launch of simpler annual statements
PensionBee has become the first UK pension provider to adopt simpler annual statements to improve its pension reporting to members and encourage engagement.
Pensions minister launches simpler annual statement
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
B&CE hires Gregg McClymont
Former shadow pensions minister Gregg McClymont has been hired as director of policy and external affairs at B&CE - the provider of The People's Pension.
Ruston Smith steps down from TPP and joins Smart Pension
Ruston Smith is stepping down as a trustee at The People's Pension (TPP) as the end of his agreed two-year term approaches.
Providers axe complex language from pensions communications
Thousands of pensions documents have been adapted and simplified for consumers after a two-year industry initiative, according to the Association of British Insurers (ABI).
What's next for auto-enrolment?
Phasing has arrived with auto-enrolment contributions rising from 2% to 5% for millions of pension savers. As we wait to see what happens as a result, James Phillips asks what's next.
AE review: Lower earnings limit scrapped and 18-year-olds eligible from mid-2020s
The government has set out plans to scrap the auto-enrolment (AE) lower earnings limit and extend the programme to 18-year-olds, but not until the mid-2020s.
AE review: Five things to watch out for
Ahead of the results of the automatic enrolment (AE) review, PP looks at what could come up.
What the AE review chairmen are thinking about
The three chairmen of the DWP's review of AE explain their key thinking around the future of the flagship programme. James Phillips reports
What to expect from the AE review
Jamie Jenkins, one of the three chairs of the DWP external advisory group of the AE review, speaks to Kim Kaveh about its key themes.
Ruston Smith becomes non-executive chairman at PTL after management buyout
PTL has revealed its new board of directors that includes former Tesco group pensions director Ruston Smith, after its management buyout announced last week.
Three industry experts to lead AE review advisory board
The government has announced that Ruston Smith, Jamie Jenkins and Chris Curry will chair the external advisory board for this year's review of auto-enrolment (AE).
How Tesco created a grown-up approach to DC
Last year Tesco replaced its DB scheme with a low cost DC arrangement targeting investment strategies that push the boundaries of typical DC funds. Stephanie Baxter explores why the award-winning scheme breaks the mould.
People's Pension appoints Ruston and Lewis to trustee board
The People's Pension has made Ruston Smith and Sue Lewis trustee directors to sharpen the provider's attention on members and employers.
Ruston Smith: understanding member needs key to effective defaults
Understanding members' retirement objectives is key to ensuring default strategies remain fit for purpose according to Tesco group pensions director Ruston Smith.
