Labour has criticised the Government’s ‘pot follows member’ automatic pension transfer plans and proposed an alternative scheme with a 0.5 per cent charge threshold for participating providers. In April, the Department for Work and Pensions set out proposals to introduce a new auto-transfer system for people with pension pots worth less than £10,000. Policymakers are […]
Now: Pensions trustee chairman Nigel Waterson has criticised the industry for indulging in “false euphoria” over early low automatic enrolment opt-out figures. Analysis by the Department for Work and Pensions suggests opt-out rates have been around 9 per cent on average for the first six months of auto-enrolment, leading some in the industry to brand the […]
The National Association of Pension Funds has reiterated calls to create a single pensions regulator and warned auto-enrolment will make the current regime “increasingly unsustainable”. Pensions regulation is currently split between the FCA, which regulates contract-based schemes, and The Pensions Regulator, which is responsible for regulating all workplace pensions, including trust-based defined contribution schemes. The […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses how the firm takes into account human behaviour when constructing their portfolio, specifically by embedding the idea of volatility targeting in all of their strategies.
There are plenty of office parties and Christmas events going on at this time of year. But have no fear – you can still stay healthy while going out and enjoying yourself, with a little bit of planning!
Along with all the other firms that provide advice on defined benefit transfers, we received our questionnaire from the FCA about the quantity and nature of cases we have handled since 2015. By the time you read this, the deadline for its return will have passed and those under scrutiny will have breathed a collective […]