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Pensions governance committees 'retirement homes' for industry veterans

24 April 2015 1:00 pm | By Sam Brodbeck

One trustee firm represented on four of the largest providers’ committees.

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Admin switch leaves Now: Pensions members uninvested

27 March 2015 11:45 am | By Sam Brodbeck

Now: Pensions failed to invest some members’ contributions for at least six weeks following the auto-enrolment provider’s administration switch.

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TPR hikes budget by 80% to meet auto-enrol burden

25 March 2015 12:38 pm | By Sam Brodbeck

The Pensions Regulator’s budget expected to rise to £137m by 2017/18.

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Govt to exempt AVCs from pension charge cap

19 March 2015 1:38 pm | By Sam Brodbeck

AVCs where members make active investment choice will not have to comply with 0.75 per cent cap.

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Smart Pension launches SME auto-enrol platform

19 March 2015 1:26 pm | By Sam Brodbeck

Start-up promises scheme set up “in minutes”

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GenLife launches for SME auto-enrol market

17 March 2015 12:27 pm | By Sam Brodbeck

Integrated payroll uses Papdis data standard.

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Industry code of practice launched to tackle pension scams

16 March 2015 2:40 pm | By Sam Brodbeck

But code chair warns pension freedoms outside of scope.

Comments (1)

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Actuaries call for employer-funded advice tax breaks

13 March 2015 3:00 pm | By Sam Brodbeck

Association of Consulting Actuaries wants to raise tax free advice threshold to £500.

Comments (1)

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Providers hit out at pensions regulator over Nest 'favouritism'

5 March 2015 3:45 pm | By Sam Brodbeck

Now: Pensions and The People’s Pension unite against The Pensions Regulator’s plans for signposting providers to small employers.

Comments (2)

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L&G to offer pension scheme protection against ill health early retirement

5 March 2015 10:30 am | By Sam Brodbeck

Product pays out a cash sum to cover claims which can be up to 10 times the employee’s annual salary.

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Aon launch marks 'fundamental realignment' of DC pensions market

3 March 2015 5:54 pm | By Sam Brodbeck

Bigblue scheme will cater to active, deferred and retired members.

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Advice firm LEBC posts £1.1m profit

18 February 2015 2:21 pm | By Sam Brodbeck

Company warns opportunities created by pension freedoms could be stunted by lack of “high calibre” advisers.

Comments (1)

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Creative Auto Enrolment links with ScotWids on new compliance offering

17 February 2015 2:39 pm | By Sam Brodbeck

Employee benefits firm Creative Auto Enrolment has launched an end-to-end online auto-enrolment service that promises to cut preparation time down to just 103 seconds.

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Advisers slam Now: Pensions over £500 employer exit fee

13 February 2015 10:05 am | By Sam Brodbeck

Employers switching auto-enrolment providers within two years hit with penalty.

Comments (8)

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Just 2% of customers take up pensions guidance, warns Royal London

12 February 2015 9:01 am | By Sam Brodbeck

Chief executive Phil Loney says the pension reforms risk “becoming an infamous example of political bungling”.

Comments (3)

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David Cameron: 'It's time Britain had a pay rise'

10 February 2015 8:53 am | By Sam Brodbeck

PM urges business to boost salaries.

Comments (7)

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Providers sticking to auto-enrol charge plans despite L&G cut

30 January 2015 9:30 am | By Sam Brodbeck

Rivals with minimum requirements say they have no plans to charge auto-enrol charging structures for SMEs.

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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.

Comments (1)

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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.

Comments (11)

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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.

Comments (4)

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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.

Comments (1)

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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?

Comments (9)

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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.

Comments (4)

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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.

Comments (4)

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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.

Comments (2)

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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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