The Confederation of British Industry
Industry welcomes TPR guidance but laments lack of focus on contract DC
Industry figures have cautiously welcomed the publication of new guidance for trust-based defined contribution schemes from The Pensions Regulator, but expressed disappointment that it does not focus on contract-based schemes.
Regaining trust
Restoring faith in pensions is imperative but will not be simple.
PPF raises annual levy estimate to £630m
The Pension Protection Fund has bowed to pressure and increased next year's levy estimate by 15% instead of the 25% hike feared by some analysts.
Webb: PPF levy and discount rates are under active review
The Pension Protection Fund levy and discount rates used to calculate scheme liabilities are under review, pensions minister Steve Webb has revealed.
CBI calls for discount rate smoothing and halt to PPF levy rise
The government must address "artificially high deficit figures" and a potential "significant" hike in Pension Protection Fund levies, the CBI says.
Keeping track of AE costs
How smaller employers can cope with auto-enrolment
Clarity welcomed but gilt stance disappointing: the industry view
Rachel Dalton examines the industry response to the guidance.
Cut to annual allowance 'strong favourite'
After weeks of pre-Budget rumours, a cut to the annual allowance has emerged as the "strong favourite" to be announced by the Chancellor.
Comment: Clarity, not legislation
Jonathan Stapleton returns from Rome
Analysis: EIOPA advice still falls short
Jack Jones reports on Europe's plans for UK pensions
Solvency II will kill DB schemes and bankrupt British firms
Solvency II will force all remaining defined benefit schemes to close and could lead to significant job losses as UK companies fold, lobby groups warn.
Solvency II will force deficits to £1trn and double recovery plans
Proposals to bring iorps directive into line with solvency ii rules receive negative UK response.
TPR lists DC principles to improve poor quality schemes
The Pensions Regulator has laid out six principles for defined contribution pensions to address the currently "mixed" standards across the market.
AE to force small firms to cut benefits and freeze recruitment
Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs.
NAPF and TPR call for extension to Solvency II consultation
The Pensions Regulator and the NAPF have urged the EU commission to extend the Solvency II one-month consultation period to properly assess the 500-page document.
Economic turmoil could curtail effect of auto-enrolment
Auto-enrolment may not make a difference to saving rates until 2015, according to the Confederation of British Industry.
Legislation to allow off-setting of rebate loss
Legislation to introduce a single-tier basic state pension is set to include options to help firms offset the loss of the contracting out rebate, according to a business lobby group.
Most read
