News

The latest figures on retirement income from the Financial Conduct Authority (FCA) raise concerns about the long-term sustainability of pension payments, according to Just Group.

Aon has published a paper aiming to help UK pension schemes review their operations and move to more effective approaches.

Around 2,000 small schemes could see their levies cut as the Pension Protection Fund (PPF) consults on introducing a tapered approach to its risk-based levy while temporarily dropping its multi-year approach.

The Transparency Task Force (TTF) has published an open letter to prime minister Boris Johnson asking him to take a personal interest in pension scam problems and push for legislative flexibilities for scam victims.

The Employer Covenant Practitioners Association (ECPA) has promoted Andy Palmer to chairman from his vice chairman role, replacing Paul Burnett.

Mark Condron, Caroline Legg and Jill Mackenzie have been appointed as professional trustees at Capital Cranfield in response to growing client demand.

Keith Hinds has been appointed by Dalriada Trustees as a professional trustee, joining from his head of pensions advisory role at Grant Thornton.

Royal London is eyeing a takeover of LV= that could value the group at around £500m, according to reports.

Mothercare has negotiated an extension to its scheme contributions schedule with a significant level of deficit expected following the offloading of its UK business last November.

Pension contributions and class one employer National Insurance (NI) contributions remain payable by employers making use of the government’s coronavirus job support scheme.