XPS

XPS Pensions Group

8 of 10 employers face additional pension cost

Eight out of 10 employers with DB schemes could be hit with additional cost in their next accounts because of pensions equalisation, a consultancy has warned. Employers will be hit with extra

XPS Pensions Group

DC Governance: under an ever-brighter spotlight

Since the launch of its 21st Century Trusteeship campaign in September 2017, the Pensions Regulator (TPR) has continued to focus on raising standards of governance and administration in defined contribution

XPS Pensions Group

GMP Employer Update

The High Court judgment in the Lloyds case has confirmed overall pension benefits need to be adjusted to remove inequality in Guaranteed Minimum Pensions. This will mean higher benefits and

XPS Pensions Group

Implementing IORP II

EU Member States have until 13 January 2019 to implement the IORP II Directive into national law. On 23 October 2018, the UK Government laid regulations before Parliament which will

XPS Pensions Group

Pension transfer values rise 2% in October

Defined benefit (DB) pension transfer values rose by more than 2% in October, according to the XPS Pensions Group transfer value index (TVI). The index started the month with its

XPS Pensions Group

Transfer values rise during October

Pension transfer values as measured by the XPS Pensions Group Transfer Value Index fluctuated during October 2018, with an overall rise during the month. The index was £230,000 at the

XPS Pensions Group

Another Quiet Budget for Pensions

The Budget addressed the pensions dashboards, charge caps in DC default funds, and the cold calling ban, but made no changes to pensions taxation.

XPS Pensions Group

XPS Express For Employers

Welcome to the first edition of XPS Express for Employers. Our regular, bite-size insights into current issues affecting your employees’ pensions. We focus on actions employers can take to improve