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Pensions

09/20/2017

TPR steps up 21st Century Trusteeship campaign to deliver good governance

They will also be signposted to supporting resources, including guidance within TPR’s codes of practice and practical tools to help trustees raise the standards of governance in their schemes.

09/20/2017

TPR bans three trustees over suspected £9m scam

This has jeopardised the financial futures of the scheme members they were supposed to be supporting.

09/19/2017

Universities plan to tackle growing pension scheme deficit

Mr Field said that increasing tuition fees to pay for the sort of defined benefit pension entitlements student’s themselves will likely never enjoy strikes him as unfair.

09/19/2017

Liberty Sipp reports strong growth as it eyes £2bn mark

The total is set to surge past the £2bn mark by next month.

09/18/2017

MPs quiz Chancellor on expat pensions after Brexit

Chair of influential parliamentary committee teams up with insurers' trade body to raise expat pensions issue

09/15/2017

IFAs attack providers' 'irresponsible' DB transfer offers

While some providers have been forthcoming with their numbers, others have not.

09/14/2017

UK insurers LV and Just boosted by pension transfers

Since 2015 an estimated £50bn has been transferred out of defined benefit pension schemes according to Mercer, the professional services group.

09/11/2017

Mugabe government cuts Rhodesian pensioners pay outs, desperate elderly folk turn to British embassy

Some of the affected former employees served in the Rhodesian police and military.

09/08/2017

Schroders launches Global Multi-Factor Equity fund

Factor investing is a powerful tool for managing investments

08/31/2017

Danish pensions tax plan flawed, industry says

It refers to contributions made later in life that do not pay off because of the way pension payments are offset against state benefits in retirement.

08/30/2017

Exec pay proposals draw lukewarm response from pension funds

The UK’s pensions trade body gave the reforms a muted welcome.

08/30/2017

Pension deficit of UK's leading companies equivalent to 70% of their profits

UK’s leading plcs have combined deficit of £62bn, with the percentage of their profits higher than in 2009 after financial crisis

08/30/2017

Consolidation, industry changes reduce Netherlands retirement plans by 62% over past 10 years

Consolidation may also help to achieve economies of scale.

08/30/2017

Aviva's DB transfer inflows hit £750m

Aviva noted that DB transfers made up 20% of £3.8 billion of gross inflows onto its platforms in the first half of the year.

08/29/2017

Norwegian pension fund continues to play active role in Lankan stock market

These were two of Norges’ initial investments when the fund entered Sri Lanka in the third quarter of 2015.

08/29/2017

Average equity release sum hits £80,000

The trend marks a shift away from traditional attitudes to wealth

08/28/2017

Don’t let the bank of mum and dad turn into a money pit

What role does this bank play in family finances?

08/25/2017

Concern flagged on burden of new pension scams rules

The statutory right to transfer will be limited to certain scenarios.

08/23/2017

Pension scammers move cold-calling centres offshore to beat ban: Pension Life

The scammers harvest contact details from social media and also buy contact databases which are sold illegally.

08/23/2017

Pensionbee launches non-advised drawdown product

The launch of the product follows the FCA announcing a thematic review into non-advised drawdown

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