Pensions

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Pensions

Fighting pension scams

Given the amounts of money contained in pension pots, they will always attract the attention of scammers. Although in some individual cases the amounts may fall short of those required to provide the member wit...

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Pensions

COVID-19 impact on pension scheme mortality projections

The ongoing coronavirus pandemic is undeniably having widespread human, social and economic costs around the globe, and government and business leaders in every country are focussing their efforts to control it...

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Pensions

The Pensions Regulator bites!

If you read nothing else in this blog, here are some of the key takeaways for anyone involved in running a pension scheme: Over 40,000 employers were fined by The Pensions Regulator (TPR) for non-compliance re...

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Pensions

The clock is ticking on GMP equalisation

It was interesting to read that almost 60% of sector colleagues will be looking at Guaranteed Minimum Pension (GMP) equalisation as a priority over the coming months. Last year, Broadstone advised three female ...

Calculating the risk on defined benefit pensions
Pensions

Calculating the impact of risk on defined benefit pensions

Trustees and sponsors are fully aware that legislation allows them to embrace a degree of risk for funding. Indeed, the funding plans for almost all defined benefit (DB) schemes will have some exposure to coven...

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Employee Benefits Pensions

Broadstone has acquired specialist IPMI and employee benefits consultancy – 3HR Benefits Consultancy

Broadstone, one of the UK’s leading employee benefits and pensions consulting businesses, has announced the acquisition of 3HR Benefits Consultancy. This move represents Broadstone’s third acquisition in as man...

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Pensions

DC Trust, Master Trust or contract based – which would you choose?

With the ongoing improvements in regulation and increased requirements around running your own trust-based scheme, many employers and Trustees are considering switching, but what is best for your members and th...

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Pensions

Comment on Lloyds judgement from consulting actuary representing members’ interests

Below is a press release issued on behalf of Broadstone in relation to the role it played in the Lloyds Banking Group GMP equalisation case: The consulting actuary advising the members’ legal team in the Lloyds...

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Pensions

No big surprises from the Party Season

As the party conference season has now concluded for another year we’ve rounded up the main headlines from a pension perspective Liberal Democrats: During the next general election campaign, the Lib Dems intend...