News

Six-month delays 'disappointing' for an ageing population, critics argue

Rosalind Connor has been made a partner by Arc Pensions Law.

Duncan Higgs has re-joined Towers Watson from Cardano, to work as a senior investment consultant on its delegated investment team.

Trustees hold more power cards than before

Trustees in defined benefit (DB) schemes need to act now if they want to preserve the power to refund surplus to employers.

The Financial Conduct Authority (FCA) has written to pension and retirement income providers to request details about consumer access to - and charges on - decumulation products.

Statement brings 'clarity' to the current situation

The government is to consult employers on the use of salary sacrifice schemes and "remains concerned about the growth" of such schemes.

The government has published criteria and guidance for pooling the Local Government Pension Scheme (LGPS) into six "British wealth funds" worth at least £25bn each.

The chancellor has cut eligibility for free childcare and tax-free childcare to families earning less than £100,000 and parents working more than 16 hours a week.