All Pensions articles – Page 73

  • Supplier article

    Taking a wider view with pension transfers

    2016-11-16T10:59:48Z

    Recently I had an interesting discussion with pension lawyers and professional financial Advisers about the requirements to provide advice on pension transfers, particularly around defined benefit (DB) schemes; a target area for scammers and one that carries risk due to the valuable benefits in these schemes.The first question discussed was; ...

  • Rolls Royce
    Article

    Rolls-Royce completes £1.1bn pension buyout

    2016-11-15T11:17:08Z

    Rolls-Royce has completed a £1.1 billion pension buyout for its Vickers Group pension scheme.The £1.1bn buyout transaction with Legal and General covers more than 11,000 members of the pension scheme, which is part of the Rolls-Royce Group. Rolls-Royce acquired engineering organisation Vickers in 1999.The buyout forms part of the pension ...

  • Jeanette Makings
    Article

    Jeanette Makings: The continuing importance of pensions

    2016-11-14T14:30:39Z

    Pensions are not the whole story of the UK’s workplace benefits offering, but they are still a major player. Half of respondents have more than 90% of their workforce as active members of their primary pension scheme. And with 68% of organisations contributing 3% or more and 26% contributing between ...

  • Money
    Article

    EXCLUSIVE: 33% do not plan to offer a workplace lifetime Isa

    2016-11-14T09:30:34Z

    EXCLUSIVE: A third (33%) of employer respondents do not plan to introduce the lifetime individual savings account (Lisa) as a workplace savings tool, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, found that just 7% plan to offer ...

  • andy-briggs
    Article

    52% would contribute more than 5% of their salary into their workplace pension

    2016-11-14T09:00:44Z

    Just over half (52%) of employee respondents who are currently saving into a workplace pension would be willing to contribute more than 5% of their salary themselves, according to research by Aviva.Its research, which is based on surveys of 2,000 UK adults who currently pay into a workplace pension, 277 ...

  • Debbie Lovewell-Tuck
    Article

    Offering pensions education and guidance provides benefits for employers and staff

    2016-11-11T10:43:38Z

    Investing in pensions education and guidance provides benefits for employers and employeesOver the past few years, the pace of change in the pensions industry has posed a number of challenges for employers. Not only has it required organisations to review and adapt their pensions provision, they have often had to ...

  • Supplier article

    Supporting employees with retirement planning

    2016-11-11T10:25:49Z

    It’s unsurprising that employees like the freedom and choice in pensions – but that doesn’t necessarily mean they understand the implications of these new found freedoms. Whether paying too much tax, or falling for a scam, employers and trustees are realising they need to provide support.It’s important for companies to ...

  • Supplier article

    The return of inflation

    2016-11-10T14:21:13Z

    Alex Ralph, manager of the Artemis High Income Fund, sees further pressure on government bonds as inflationary pressures build on both sides of the Atlantic.

  • Supplier article

    Diversified cashflows are key

    2016-11-10T14:17:27Z

    Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.

  • Supplier article

    Time to stop the salami slicing on tax relief

    2016-11-10T14:10:30Z

    Steve Webb - Director of Policy and External CommunicationsAs the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief.Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor ...

  • Supplier article

    Parental leave and pensions

    2016-11-10T14:01:42Z

    Fiona Hanrahan - Senior Product Insight and Technical Support AnalystWe are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these.How does parental leave impact the funding of workplace pension schemes?A member of ...

  • Supplier article

    Auto enrolment – so far so good?

    2016-11-10T13:55:00Z

    Jamie Clark – Business Development ManagerThe recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report.Auto enrolment in numbersSources: Pensions Policy Institute, The Future ...

  • alan-morahan
    Article

    32% of financial services organisations do not offer extra flexibility around pension allowance changes

    2016-11-09T11:52:51Z

    Around a third (32%) of London-based financial services organisation respondents are not providing additional flexibility for employees who may be affected by the changes to the annual and lifetime pensions allowances, according to research by Punter Southall Aspire.Its Taxing times for high earners report, which surveyed 50 London-based financial services ...

  • Pension pot
    Article

    EXCLUSIVE: 36% are using auto-re-enrolment to introduce wider pensions communications

    2016-11-09T11:03:30Z

    EXCLUSIVE: More than a third (36%) of employer respondents are using pensions auto-re-enrolment as an opportunity to introduce wider communications around pensions and pension savings, according to research by Employee Benefits and Close Brothers.The Employee Benefits/Close Brothers Pensions research 2016, which surveyed 250 employer respondents, also found that a fifth ...

  • Matthew Taylor RSA
    Article

    Review to examine the impact of new working models on employment practices

    2016-11-08T09:35:00Z

    Prime minister Theresa May has commissioned an independent review into the impact of new working models on employee rights and employment regulatory frameworks, exploring issues around areas such as pensions and pay.The review, which will be led by Matthew Taylor (pictured), chief executive at the Royal Society for the Encouragement ...

  • sean_nesbitt_partner_london
    Opinion

    Sean Nesbitt: Uber by numbers – what next for worker status?

    2016-11-07T12:41:08Z

    The Uber judgment is only the end of the beginning for the gig economy and the debate on worker status. You would need an algorithm to track the implications. Here are some:3-4: Months for an appeal to get to the Employment Appeals Tribunal. A speedy hearing is possible, but up ...

  • bob-scott
    Article

    52% believe the lifetime Isa will discourage younger staff from pension saving

    2016-11-07T11:38:49Z

    More than half (52%) of employer respondents believe the lifetime individual savings account (Lisa) is likely to discourage younger employees from saving into a workplace pension, according to research by the Association of Consulting Actuaries (ACA).Its 2016 smaller firms pension survey, which surveyed 455 organisations with less than 250 employees, ...

  • Supplier article

    Four reasons why it’s time to develop a retirement and pension strategy

    2016-11-04T16:09:35Z

    David Dodd, head of pensions at Thomsons Online BenefitsSociety is changing, we’re all living longer than ever, but this is leaving employers and employees with a retirement challenge. A recent report from the ONS suggests that by 2039, the number of people eligible for the state pension in the UK ...

  • A folder with the label Retirement Plan
    Article

    EXCLUSIVE: 56% cite uncertainty around how best to access pension benefits as a retirement concern

    2016-11-04T12:03:47Z

    EXCLUSIVE: More than half (56%) of employer respondents believe uncertainty about how to make the best decisions when accessing pension benefits is an area of concern for employees, according to research by Employee Benefits and Close Brothers.While this continues to top the list of retirement concerns affecting respondents’ workforces, it ...

  • pensions_note_430
    Article

    The Pensions Regulator begins enforcement action over BHS pension scheme

    2016-11-03T11:31:24Z

    The Pensions Regulator (TPR) has formally commenced enforcement action against parties it believes to be liable to support the British Home Stores (BHS) pension scheme.TPR has sent warning notices to Sir Philip Green, Taveta Investments, Dominic Chappell, and Retail Acquisitions. These notices comprise arguments and evidence as to why TPR ...