occupational pensions

The government has called for evidence to review the regulatory differences between trust-based and contract-based defined contribution (DC) pension schemes.

People with several small occupational pensions should be able to group them together for trivial commutation, says Hargreaves Lansdown head of pensions research Tom McPhail.

Most small firms fail to keep pace with necessary increases in employer pension contributions, the Association of Consulting Actuaries (ACA) says.

Public sector pensions must be moved from final salary to career average arrangements to become sustainable, the National Association of Pension Funds (NAPF) says.

A financial support direction issued by The Pensions Regulator against insolvent companies is an expense of the administration and must be complied with, the High Court has ruled.

Steve Webb has said the government will not give private sector pension schemes the power to override scheme rules to shift from RPI to CPI indexation.

The switch from RPI to CPI for pensions indexation will give members a lower outcome over the long term but gives better consistency, Steve Webb says.

Over half of Britons do not know how to access previous private pension schemes and 60% do not know they can combine pension pots at retirement, Aviva says.

HSBC today launches Workplace Retirement Services (WRS) for corporate IFAs and employee benefits consultants to offer defined contribution (DC) pension products and services.

The government plans to allow people who hold pensions to access debt relief orders (DROs), which provide a cheaper alternative to bankruptcy.