PPI

Lack of an agreed definition of value for money is posing many challenges for the industry. Kristian Brunt-Seymour looks at research by the Pensions Policy Institute which suggests a number of solutions

Failure to find an agreed definition of the ‘value for money’concept means trustees and providers are unable to provide schemes in the best interests of all members, according to the Pensions Policy Institute (PPI).

PP takes a look at the first IGC reports to see how the

Reducing tax relief for higher earners and raising it for lower earners could save the government money and make the system fairer according to the Resolution Foundation.

The industry will need to scrutinise Budget announcements on national insurance contributions (NIC) for employers closely, the Pensions Policy Institute (PPI) warns.

The Financial Conduct Authority (FCA) has launched a discussion paper to learn how financial services firm can better engage with an increasingly ageing population.

The biggest stories on PP this week were warnings that decent retirement could mean working until age 85, and the risks to members from pooling the Local Government Pension Scheme (LGPS).

Pooling the Local Government Pension Scheme (LGPS) may not tackle the root causes of its deficit hole and members could be put at risk, according to the Pensions Policy Institute.

Introducing a pension ISA could dramatically lower savings and reduce the size of the economy over 20 years according to the Association of British Insurers (ABI).

Margaret Snowdon has quit her role as director of JLT Employee Benefits to spend more time on causes which she believes are critical to the pensions industry.