News

Think tanks The Fabian Society and Bright Blue have called for a new pensions commission, as Guy Opperman lends his support.

There are now just four days left to submit your entries for the UK Pensions Awards 2020…

Nearly two-thirds of this week’s 133 Pensions Buzz respondents believe the introduction of simpler and standardised annual benefit statements will help more members engage with their pension.

HM Treasury intends to give tax relief worth hundreds of millions of pounds to those earning over £110,000, it is being reported.

The Association of Consulting Actuaries (ACA) has urged the government to set out a timetable for when it will implement its planned automatic enrolment (AE) reforms, and produce a timetable for increases in AE contribution levels.

Pension transfer values fell in December, while the number of individuals taking a transfer value from schemes rose, according to XPS Pension Group.

Defined benefit (DB) and defined contribution (DC) master trust The Cheviot Trust has selected First Actuarial to provide actuarial services for the scheme.

Pensions funds’ focus on long income property is increasing, with 84% of investors agreeing the level of investment in this area will rise over the next two years, according to research by Alpha Real Capital.

The Pensions Regulator (TPR) will launch the first of a two-part consultation on a revised defined benefit (DB) funding code in March, it has told PP.

The Upper Tribunal has told Dominic Chappell he must pay £9.5m into BHS’ pension schemes after committing actions detrimental to their funding.