Thanks to a variety of royal outings lately, the royal family have given rare public insight into their family dynamic, including the titles they … Source link
Read More »Collective defined contribution schemes launch in Great Britain – DB & Derisking
Under CDC schemes, employers and employees pay a fixed rate of contributions, collected in a manner similar to defined contribution schemes. Benefits are paid with a target in mind, similar to defined benefit schemes, but with the prospect of variable increases — and the possibility of decreases. The aim is …
Read More »MPs support CDC development, call for DWP to scrap statement season – DB & Derisking
In the document published on Tuesday, the MPs made a number of recommendations in other areas, such as increasing uptake of Pension Wise guidance by trialling automatic appointments, establishing equivalent investment pathways for trust-based schemes, and prohibiting transactions being made on pensions dashboards until they are well-established and trusted. The …
Read More »DWP begins engagement over multi-employer CDC schemes – DC & Auto-enrolment
In his foreword, Opperman wrote that the new regulations “will be a huge step forward in providing a major enhancement to the existing occupational pensions landscape, and a third way forward between traditional defined benefit and post 2012 defined contribution schemes”. He continued: “By allowing pension scheme members to share …
Read More »Opperman not rushing CDC, defends statements season – DC & Auto-enrolment
Speaking at a Work and Pensions Committee hearing on Monday, Opperman also said that his ambition was to allow transactions on the pensions dashboards in the long term, along with costs and charges, while the state pension will be shown from launch. Further dashboards regulations can be expected “early in …
Read More »Truth about royal engagement revealed
Prince Harry and Meghan Markle secretly got engaged on a trip to Botswana two months before they officially told the world they would wed, a new book sensationally claims. In August 2017, The Sun‘s world exclusive photos showed the smitten couple arriving on holiday together there. “Who knows what …
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