Page 13 - Pensions Buzz News Today

Despite being chancellor for less than a month, Kwasi Kwarteng has been named as second only to Gordon Brown as the worse chancellor for pensions over the past 25 years, a poll reveals.

Despite being chancellor for less than a month, Kwasi Kwarteng has been named as second only to Gordon Brown as the worse chancellor for pensions over the past 25 years, a PP poll reveals.

The industry remains sceptical the reform of the defined contribution (DC) pensions charge cap, will help deliver higher returns for savers, according to a Professional Pensions Poll.

The industry is not in agreement over whether those automatically enrolled into a pension scheme should be given the option to temporarily pause their employee contributions during the current cost of living crisis, a PP poll finds.

The industry does not agree that pension schemes should be doing more to help with the cost of living crisis, according to a PP poll.

The majority of the industry is supportive of the Pensions Dashboards Programme’s (PDP) proposals for dashboard standards, according to a PP poll.

Leadership, knowledge and senior experience are some of the important traits for a trustee chair to have, according to industry experts.

Schemes would, if money was no object, invest in increased member advice and communications, according to a Professional Pensions poll.

The industry believes The Pensions Regulator (TPR) should “be more proactive”, according to a Professional Pensions poll.

A majority of schemes currently have no intention to increase their allocations to private markets, according to a Professional Pensions poll.