News

This week’s 96 Pensions Buzz respondents said good governance was more important than member engagement, noting the former could lead to the latter.

HM Revenue and Customs (HMRC) paid back over £54m in tax on pension withdrawals during the three months to 30 September – the highest quarterly amount since the introduction of Freedom and Choice in 2015.

HM Revenue and Customs (HMRC) has announced it will publish its long-awaited tax guidance specific to guaranteed minimum pension (GMP) equalisation in December.

Buck has launched an investment governance service which aims to help defined benefit (DB) schemes prepare for their endgame.

Over £30bn has been withdrawn from pension pots since Freedom and Choice was introduced in 2015 for those aged over 55, according to latest data from HM Revenue and Customs (HMRC).

Increased certainty around Brexit deadlines and eventual terms could remove major overhang for European equity market investments, NN Investment Partners finds.

The number of defined benefit (DB) schemes will fall in the next decade as superfunds begin to strengthen, pension professionals believe.

The pension schemes bill will face yet another delay as the UK seems set to have its third general election in five years on 12 December.

It is the role of employers, the pensions industry, and the government to close the gap between minimum and moderate levels of income in retirement, according to the Institute and Faculty of Actuaries (IFoA).

Researchers from Cass Business School and the University of Bristol have found that the tendency of women to be more risk-adverse than men is a major contributor to pension inequality in the UK.