LCP says further changes to LTA rules could disrupt members’ retirement plans
Authorised surplus payment charge to be reduced from 35% to 25% from 6 April
Award comes in bid to unlock private capital to support innovative companies in the UK
SPP webinar poll shows fewer members find code a ‘box ticking exercise’
LTA removal sparks concern about implementation, member communications and scheme benefit design
AMNT backs bill amendment requiring standardised reporting to schemes
LCP finds almost half have completed a gap analysis but several have only ‘briefly’ looked at code
Most keen to see existing dashboard and AE initiatives ‘bed in’ before considering brand new model
Group says proposals will reduce employer engagement and risk poorer outcomes
Half of financial advisers have seen uptick in retirement advice demand