Pensions Age Magazine - DC and DB corporate pensions news …
WEB5 days ago · Pensions Age is a UK-wide pensions magazine and internet site, offering comprehensive coverage of the financial, regulatory, and management issues facing the UK pensions sector. It focuses on a wide range of professional areas including portfolio management, asset allocation, investment, governance, regulation, administration, legal issues, funding and accounting.
'Story of stability' for DB funding levels - Pensions Age Magazine
WEB1 day ago · By Sandra Haurant. 8/10/24. The aggregate surplus of the 5,050 schemes in the PPF 7800 Index grew to an estimated £476.0bn at the end of September 2024, up only slightly on the £475.0bn reported at the end of August 2024, figures from the Pension Protection Fund’s (PPF) 7800 Index showed. According to …
DB redress payments continue to fall amid high yields
WEB1 day ago · DB redress payments continue to fall amid high yields. By Sandra Haurant. 8/10/24. Compensation payments due to people who were wrongly advised to transfer out of their defined benefit (DB) pensions have fallen to record lows, according to a quarterly update from Broadstone. Redress payments are intended to …
Draft CDC legislation a 'landmark moment' for pensions industry
WEB1 day ago · 8/10/24. Industry experts have welcomed the government’s consultation on plans to extend collective defined contribution (CDC) to whole-life unconnected multiple employer schemes and other related provisions, hailing this as the “landmark moment” for the industry. The Department for Work and Pensions …
Breaking: Govt consults on legislation to extend CDC
WEB1 day ago · 8/10/24. The Department for Work and Pensions (DWP) has launched a consultation on draft legislation to extend collective defined contribution (CDC) provision beyond single or connected schemes. The draft legislation removes the exclusion of unconnected multiple employer CDC schemes from operating under the existing CDC provisions and sets out ...
Pension investment in infrastructure set to increase; barriers persist
WEB5 days ago · 4/10/24. Pension investment in infrastructure is set to increase as pension schemes mature and investment capabilities increase, although better processes and mechanisms to define and collect consistent data are needed, the Pensions Policy Institute (PPI) has found. The PPI’s report, A deep dive into infrastructure, found that there has been ...
About Us - Pensions Age Magazine
WEB5 days ago · About Us. Pensions Age is the leading monthly magazine for Pension Funds, Consultants and Advisors to these funds. Pensions Age (paper version) looks to give in depth analysis and commentary on the major issues affecting the UK pensions sector. Launched in 1996 the title has built up to now boast the largest circulation in the UK pensions press ...
Labour's plans for pensions - what we know so far
WEB5/7/24. Following the news that Labour has won the 2024 UK general election, Pensions Age takes a look at what we know so far about the party’s plans for pensions. The exact detail on much of Labour’s pension policy is yet to be shared, although the 2024 manifesto provided some insight into the party’s plans, including its pledge to ...
Pension literacy campaign launched after research reveals …
WEBFeb 7, 2024 · Pension literacy campaign launched after research reveals schooling gaps. More than half (57 per cent) of savers think planning for retirement feels like navigating a minefield due to their lack of knowledge, although the type of schooling recieved can play a significant role in savers' preparedness, according to research from Annuity Ready.
Over 5 million 'midlifers' working to improve retirement outlook
WEBOct 31, 2023 · Over half (59 per cent) of 45-to 54-year-olds, around 5.2 million people, have taken action to save more for retirement, with 14 per cent of midlifers increasing contributions to a workplace pension, research from Phoenix Insights has revealed.