Statement season will lead to saver frustration
The 2017 review of automatic enrolment gave us the simplified annual benefit statement and also hinted at the possibility of a statement season.
Source: professionalpensions.com
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Levelling up pension fund investments
Over the summer the government called upon the UK's asset owners to participate in an investment big bang to rebuild the economy after the pandemic and to help level up the regional differences.
Source: professionalpensions.com
Automatic red flags to give trustees greater power to halt pension transfers
Pension transfers will be red-flagged and blocked if savers have been approached via social media under stronger anti-scam plans set out by the government on Friday.
Source: professionaladviser.com
Automatic red flags to give trustees power to halt social media scams
So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap,' ‘pension freedoms' or consultations around ‘value for money', says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download Find whitepapers
Source: professionalpensions.com