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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.


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.


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.


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.


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)


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)


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)


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.


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.


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)


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.

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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”.

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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)


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.


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.


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.


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)


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.


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.


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)


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?

Comments (9)


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.


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.


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)


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)


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)


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.


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.


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.


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


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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