03/24/2016
Advisers buck predictions and shun alternative tax-planning tools
Providers still maintain demand is growing
Pensions
03/23/2016
One year on from pension freedoms, income drawdown investors are thriving
The evidence suggests that as a group they are managing well within the new environment of pension freedom, and that they are not on the whole making poor investment decisions that could threaten their later financial security.
03/22/2016
Just Retirement hires former FCA pensions director
His move to Just Retirement Ltd comes as the annuity provider enters the final stages of its merger with Partnership.
03/21/2016
Regulator targets billionaire to help plug £570m pension hole in ailing firm he sold
Under the Pensions Act the regulator has the power to ensure ‘that pension liabilities are not avoided or unsupported’.
03/21/2016
Vanguard presses ahead with UK pensions assault
Vanguard, one of the largest defined contribution asset managers in the US, is ramping up its efforts to grab a larger slice of the UK market.
03/18/2016
UK pension pressure a danger to UAE expats’ safe retirement
For many British expatriates in the UAE, that special something is a final salary company pension scheme.
03/18/2016
Canadian pension funds hold back on U.K deals ahead of Brexit vote
Canadian pension funds are among the world’s biggest investors in British real estate and infrastructure, including the Canada Pension Plan Investment Board
03/17/2016
The Pension Announcements that might have passed you by
David Smith, Director of Financial Planning at Tilney Bestinvest, reviews some of the Chancellors less prominent pension related revelations
03/16/2016
Pensions - Articles - SLMTC schemes obtain assurance of quality
The report follows the schemes’ adoption in January 2015 of the master trust assurance framework provided by the Institute of Chartered Accountants in England and Wales.
03/16/2016
Aviva tops ShareAction’s first AE report
Providers’ auto-enrolment funds were ranked on three criteria: transparency, governance and responsible investment performance.
03/16/2016
Low interest rates hit Dutch pension funds, payout cuts more likely
This means it can only cover 88% of its pension obligations. Health service pension fund Zorg en Welzijn has dropped to 87%, the lowest of the big five.
03/14/2016
"tempting to see the review as a lot of sound and fury" - Andy Cumming, Close Brothers
However the FAMR has set a platform for meaningful changes to improve access to personal advice and appropriate guidance.
03/11/2016
European Parliament confirms new EIOPA Executive Director
"Carlos’ passion, strong management skills and human touch were fundamental for the success of EIOPA in its first five years!”
03/09/2016
40% of over-60s still “unprepared” for retirement, report warns
An alarming number of the UK’s working over-60s population are unprepared for their retirement
03/09/2016
Defaqto tells advisers to give savers a dose of reality
The case study examines the role of hybrid solutions in planning for retirement. The case study explores the differences between blended solutions, in which two or more individual products are implemented side by side, and hybrid solutions which offer fle
03/09/2016
EC mulls whether to continue developing personal pension product
In 2017-18, the Commission aims to “assess feasibility” on a PEPP project following the consultation.
03/09/2016
DWP and TPR in talks on stricter master trust regulation
Speaking later in the same session on auto-enrolment, Baroness Ros Altmann, minister for pensions, said that there is a well known issue with master trusts.
03/08/2016
8 out of 10 workers unrealistic about the savings they need for retirement
More than 600 new and potential clients in the UK, the U.S., Australia, South Africa, Hong Kong and the United Arab Emirates participated.
03/08/2016
Pensions infra venture wins £50m backing for in-house fund
The Strathclyde Pension Fund, one of the biggest single funds in the UK, has become the first public backer of the new in-house fund from the Pensions Infrastructure Platform
03/07/2016
International Pension and Savings Plan markets continue to expand
The survey found that 41% of IPPs/ISPs offer over 10 investment funds for members to choose from, with as many as 6% providing over 40 different funds.