Page 16 - Pensions Buzz News Today

In this week's Pensions Buzz we want to know if you scheme(s) is ready for the single code of practice.

In this week's Pensions Buzz we want to know if you think the Pension Protection Fund should pay for British Steel victims to receive a guaranteed income similar to what they would have received had they stayed in the old scheme.

Pension savers must continue to be wary as the risks of losing pots to scammers is continuing to rise, the Pension Scams Industry Group (PSIG) has warned.

There’s been a raft of important news this month, with top stories including private equity firm Synova’s purchase of a majority stake in 3173 – the group that includes Dalriada Trustees and Spence & Partners.

MP Nadhim Zahawi is the new chancellor of the exchequer after Rishi Sunak resigned from his post last night.

A ‘pot follows member’ solution has emerged as the overwhelming industry favourite for the combatting of the small pots problem.

The industry believes that being a trustee is more difficult and time consuming now than it was five years ago, a PP poll has found.

There is no overarching consensus within the industry on whether Guy Opperman has made positive changes in his time as pensions and financial inclusion minister, according to a PP poll.

Almost half (42%) of the pensions industry expect the first superfund deal to happen with the next 12 months.

In this week's Pensions Buzz we want to know if you think the auto-enrolment contribution minimum for employers should be upped to 5%?