09/20/2017
FCA branded too cautious on pension transfer rules
No two clients are the same, and transferring from a DB scheme and giving up a secure income for life is certainly not right for everyone.
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.