A shift in longer dated gilt yields of 0.3% triggered by a Brexit could change defined benefit (DB) liabilities by £70bn according to the Society of Pension Professionals (SPP).
The Society of Pension Professionals (SPP) has elected Hugh Nolan as president effective from 1 June, succeeding Duncan Buchanan who is stepping down.
The Employer Covenant Working Group (ECWG) has announced its formal launch as it publishes a guide for advisers, trustees and sponsors of defined benefit (DB) schemes.
A number of firms and bodies have given their support to the revised Incentive Exercises Code which has been updated in light of the pension freedoms.
The Department for Work and Pensions should establish a permanent contact to whom the industry can send suggestions on how to reduce the regulatory burden, the Society of Pension Professionals says.
Changing from EET to TEE will be a short term, not a long term tax solution, says National Institute of Economic and Social Research (NIESR).
Savers in defined contribution (DC) default funds are far more exposed to emerging markets than they realise, a research paper has warned.