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
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
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
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
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
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
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
The Budget addressed the pensions dashboards, charge caps in DC default funds, and the cold calling ban, but made no changes to pensions taxation.
Motoring giant Ford has agreed to offer members of its UK defined benefit (DB) scheme the right to partially transfer their pension. The £12.9bn Ford pension scheme will implement a
SHPS has recently written to participating employers to provide results of the 30 September 2017 valuation, a little over a year after the effective date of the valuation. As trailed, we have seen
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