Consultancy charging rules come into force at the end of this year. Jonathan Stapleton assesses the impact they will have on employers offering group personal pension schemes to their workforce.
HM Revenue & Customs (HMRC) has issued guidance confirming salary sacrifice pension schemes will be able to meet automatic enrolment requirements.
The auto-enrolment earnings trigger and the lower and upper limits for the qualifying earnings band have been confirmed by the Department for Work and Pensions (DWP).
Auto-enrolment will force small employers to reduce benefits and potentially freeze recruitment to meet rising pension costs, trade bodies have warned.
Plans to introduce a code of conduct forcing pension fund management fees to be disclosed to savers in a simple "pounds and pence" format may actually end up costing lower-paid members more, industry figures have warned.
The government is set to take action over companies offering cash incentives to leave defined benefit (DB) pension schemes.
The lastest round of quantitative easing (QE) has made gilts more expensive and may drive international bond investors to cash in on the asset class, fund managers warns.
The latest round of quantitative easing (QE) sparked a surprise rise in gilt yields yesterday, despite fears of long-term falls which could increase pension scheme liabilities.
Pension funds are calling for an urgent meeting with The Pensions Regulator to discuss ways of protecting UK schemes from the negative effects of quantitative easing, after the Bank today expanded the programme by £75bn.
The Bank of England's (BoE) second round of quantitative easing (QE) will be a "Titanic disaster" for pension schemes and members, Saga says.