ETV

Pensions minister criticises cash incentives for scheme transfers; Institutional usage of ETFs rises rapidly; Singapore QROPS loses appeal; Annuities: when pounds add up to £££'s; How to get the best retirement income

Pensions minister Steve Webb's intervention on incentivised transfers out of defined benefit schemes is "dangerous and disingenuous", industry figures say.

Pensions minister Steve Webb is to meet with industry figures today to try to "root bad practice out" of enhanced transfer value exercises.

The Professional Standards Body for Transfer Incentive Exercises has published a charter to promote best practice for enhanced transfer value exercises.

Wolfson Microelectronics is to close its defined benefit pension scheme to future accrual and is working with trustees to eliminate the scheme's £10m deficit within 10 years.

Henry Boot shaved £10m to £12m off its pension liabilities last year through an enhanced transfer value exercise and switching to RPI indexation, results show.

Christine Senior looks at options for rescuing schemes from the jaws of risk

PwC has launched a bulk de-risking solution for employers sponsoring defined benefit schemes.

Changes to pay-as-you-earn rules may see enhanced transfer value exercises for deferred members attracting significantly more tax, an industry body warns.

TPR chairman David Norgrove explains the watchdog's stance on ETVs