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Wary schemes to block millions from pension freedoms

26 January 2015 12:16 pm | By Sam Brodbeck

A fifth will help members switch schemes to access flexibilities.

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L&G ditches £1k auto-enrol SME charge in online move

22 January 2015 11:55 am | By Sam Brodbeck

New schemes set up online within 30 mins.

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Regulator ramps up employer auto-enrol comms over compliance concerns

21 January 2015 12:37 pm | By Sam Brodbeck

TPR writes to 1.5 million employers to avert mass non-compliance.

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Steve Webb sets out 'opt-in' auto-transfer pension plans

13 January 2015 8:14 am | By Sam Brodbeck

Pensions minister reveals details of soft launch.

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Businesses attack Govt over state pension rules delay

9 January 2015 9:30 am | By Sam Brodbeck

DWP should prioritise state pension over other reforms, says CBI.

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Firms face £10bn contracting-out bill for new state pension

8 January 2015 10:59 am | By Sam Brodbeck

50 per cent of firms have no plan in place.

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Employers taking no action on pension freedoms

7 January 2015 11:52 am | By Sam Brodbeck

Despite supporting the Budget reforms, 70 per cent have not yet made any changes.

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Businesses back staying part of 'reformed' EU

30 December 2014 10:57 am | By Sam Brodbeck

Trade body says businesses want to be part of a reformed Europe.

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Govt to freeze auto-enrol earnings trigger at £10k

18 December 2014 8:15 am | By Sam Brodbeck

Abolishing lower limit rejected to spare employers added cost.

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Is Nest the last scheme on the shelf for small employers?

5 December 2014 8:30 am | By Sam Brodbeck

Could Nest become the only option for small firms?

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One in 10 firms will not tell members about Budget changes

1 December 2014 8:30 am | By Sam Brodbeck

Over a fifth not reviewing pensions until 2016.

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L&G secures record-breaking £2.5bn pension buyout

27 November 2014 8:37 am | By Sam Brodbeck

Bulk annuity deal is the largest of its type to date.

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Now: Pensions slaps fine on employers using BACS

6 November 2014 2:26 pm | By Sam Brodbeck

Firms who use BACS transfers to make pension contributions face £75 plus VAT charge per payment.

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Labour raises pressure on Govt over £2bn pensions tax leakage

29 October 2014 3:58 pm | By Sam Brodbeck

MPs ‘profoundly worried’ about potential missing £2bn from Treasury coffers.

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Jobs at risk at Gallagher Employee Benefits after Oval deal

17 October 2014 12:35 pm | By Tessa Norman

Gallagher is centralising operations following its £199m acquisition of Oval in April.

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Foster Denovo exodus continues as another partner quits

2 October 2014 2:19 pm | By Samuel Dale

Peter Butlin becomes the latest key adviser to quit the firm this year.

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LEBC hires chief operating officer

4 June 2014 10:09 am | By Michael Glenister

National IFA and employee benefits firm has appointed Jeremy MacLeod to head up sales, operations and IT.

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Friends Life reveals Q1 new business jump; warns of 70% post-Budget annuity sales hit

9 May 2014 10:11 am | By Tom Selby

Provider expects charge cap impact will be offset by a ban on commission in auto-enrolment schemes in 2016.

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Towergate could face FCA fine over ETV/Ucis advice

8 May 2014 | By Tom Selby

Towergate Financial under investigation by the FCA over “issues” related to enhanced transfer value exercises and unregulated collective investment schemes

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Towergate could face FCA fine over ETV/Ucis advice

6 May 2014 8:47 am | By Tom Selby

Towergate Financial under investigation by the FCA over “issues” related to enhanced transfer value exercises and unregulated collective investment schemes.

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Providers scramble as Budget changes blow apart default investment strategies

22 April 2014 8:30 am | By Tom Selby

Changes announced by Chancellor George Osborne last month have blown a hole in providers’ automatic enrolment default investment strategies.

Comments (5)

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Insurers refuse to confirm charges stance on AMD ban

17 April 2014 1:00 pm | By Tom Selby

Only Friends Life has confirmed it will reduce all member charges to active rate ahead of active member discount ban.

Comments (1)

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Standard Life hits small firms with £1,200 fee following charge cap

17 April 2014 | By Tom Selby

Provider will impose a £100 per month “scheme management fee” on small schemes with low average contributions who have already agreed a charge above 0.75 per cent.

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Standard Life hits small firms with £1,200 fee following charge cap

15 April 2014 11:27 am | By Tom Selby

Provider will impose a £100 per month “scheme management fee” on small schemes with low average contributions who have already agreed a charge above 0.75 per cent.

Comments (5)

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Govt announces retrospective auto-enrol adviser commission ban

27 March 2014 12:24 pm | By Tom Selby

Government is also capping charges on auto-enrolment default funds at 0.75 per cent from April 2015.

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Govt to confirm pension charge cap plans today

27 March 2014 8:39 am | By Tom Selby

Pensions minister Steve Webb will make a statement in the House of Commons later today detailing minimum quality standards for auto-enrolment.

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Sesame BG reveals £19m loss following past business review

18 March 2014 8:26 am | By Tom Selby

Review covers Keydata sales and pension transfers carried out between July 2010 and September 2012.

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Standard Life UK profits down 5% despite income surge

27 February 2014 8:58 am | By Tom Selby

Total fee based revenue increased 9 per cent from £667m in 2012 to £727m.

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JLT hires former Pru corporate pensions head Martyn Bogira

6 February 2014 | By Tom Selby

Bogira will lead development of the firm’s defined contribution offering.

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Providers split on auto-enrolment 'middleware' charge ban

31 January 2014 8:30 am | By Tom Selby

Scottish Widows says not helping employers with auto-enrolment compliance would drive up member charges.

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Labour criticises Govt over 'botched' charge cap reforms

30 January 2014 | By Tom Selby

The Government has delayed plans to impose a charge cap on auto-enrolment default funds until April next year.

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JLT hires former Pru corporate pensions head Martyn Bogira

29 January 2014 12:38 pm | By Tom Selby

Bogira will lead development of the firm’s defined-contribution offering.

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