Pensions

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Pensions

Schemes, trustees and employers need urgent clarification of ECJ ruling

In what is being hailed as a landmark ruling, the European Court of Justice (ECJ) has directed that a cap on pension payments made by The Pension Protection Fund (PPF) is unlawful. When an employer is declared ...

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Pensions

Welcome to the House of not so much Fun

The celebrations regarding Mike Ashley’s decision to save department store group House of Fraser have been few and far between.  In fact, the decision by the Sports Direct boss to purchase the stores has given ...

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Pensions

Dashed Hopes

Dashed hopes It is well known that thousands of people have many millions of pounds sat in lost, misplaced and unclaimed pension pots.  Therefore, it seems a bit daft that what many of us in the pensions indust...

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Pensions

Is there a pension storm on the way?

Pensioners who are in receipt of an income from a defined benefit pension scheme could find that they have been overpaid by their occupational scheme, and also related to this that their state pension income is...

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Pensions

A guaranteed annuity rate or cash uplift?

Another example of why it is so important to get good advice on your defined contribution pension pot has recently been raised in the headlines. Since the new pensions freedoms were introduced in 2015 allowing ...

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Pensions

Are pensions valued as an employee benefit?

Are pensions valued as an employee benefit, both by staff and by employers as a recruitment and retention tool? Pensions are often talked about as a requirement under the 3 Rs, Recruitment, Retention and Reward...