April is a month of financial change bringing with it energy price hikes, a rise to benefits delivered by both the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC), increases to the National Living Wage, Council Tax and National Insurance Contribution deductions. But there’s a lot …
Read More »Big pension changes coming in August – and it could mean ‘higher payouts’ for workers
An entirely new sort of retirement pot is launching this year, the ‘collective defined contribution’ scheme, which is already being trialled by the Royal Mail with 140,000 staff Video Loading Video Unavailable The video will auto-play soon8Cancel Play now Universal Credit, pension and other payment rates from April 2022 A …
Read More »Equiniti : EQ Awarded Pension Scheme Administrator Of The Year 2021 At The European Pensions Awards
The European Pensions Awards recognise the pension providers that have set the professional standards in order to best serve European pension funds over the past year. EQ recognised for supporting clients, and the continuity of service through the COVID-19 pandemic, as well as innovation in digital-first technology to support scheme …
Read More »Delivering Royal Mail's CDC scheme – Professional Pensions
The story behind Royal Mail's decision to set-up a collective defined contribution (CDC) scheme is, by now, well-known in the industry. Source link
Read More »As Congress Considers Collective DC/’GROW Act’ In Second Stimulus Bill, UK Acts To Make CDC Plans A Reality
Houses of Parliament (Westminster palace) and Big Ben tower, London, UK Getty Am I at the “beating a dead horse into the ground” point yet on the GROW Act? This is, regular readers will recall, the authorizing legislation now in front of Congress which would enable multi-employer pension plans to …
Read More »CDC success reliant on 'fairer' balance of priorities
The government has introduced a bill to allow for CDC schemes to be introduced, with Royal Mail set to launch the first scheme of this type. Source link
Read More »Party time: A round-up of this year’s political party conferences
Autumn 2019 has seen a party conference season like no other, with the Brexit crisis overshadowing events and the parties gearing up for a General Election likely to happen sooner rather than later. But although the conferences were operating in campaign mode, with some new policies being announced, the subject …
Read More »Opperman: Pensions bill is 'sat on my desk' and 'completely ready to go'
"We have a copious section on CDC running 45-50 clauses setting out in great detail not only how the likes of Royal Mail and the Communication … Source link
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