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Tag Archives: department for work and pensions

UK pension schemes call for AVC stronger nudge exemption

A number of large UK pension schemes have written a joint letter to the Work and Pensions Committee (WPC) to raise concerns about the application of new stronger nudge requirements in certain circumstances. The letter raised specific concerns in relation to defined benefit (DB) schemes with defined contribution (DC) additional …

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Five stories you may have missed this week

1) Plan to scrap Bauer judgment raises ‘serious issues’ The Department for Work and Pensions’ plans to scrap the Bauer judgment raises “serious issues of pension protection”, according to Lane Clark & Peacock. 2) Women need £185,000 more for same retirement as men Women need to save £185,000 more than …

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