How can organisations deliver a vibrant financial culture that works in the interest of consumers?
Within the pensions industry, we are seeing a move towards increased individual responsibility for our own financial futures. With the rise of defined contribution plans...
If you need evidence that master trusts have great governance, here it is
Recently, we’ve seen a number of concerns expressed about master trusts across certain sections of the media, in particular, how they are regulated and who...
Uplift in delayed retirement forces employers to review pensions approach
Our Global Benefits Attitudes Survey, which looked at nearly 30,000 employees in 19 countries concerning health and retirement, has highlighted some interesting findings. We found...
LifeSight recognised in European Pensions Awards nomination
With around 70 master trusts in the UK market right now, LifeSight is delighted to announce that it has been shortlisted for the Master Trust...
The Queen’s Speech 2016: The Pensions Bill and the Lifetime Savings Bill
On 18 May, the Queen delivered her 65th speech, outlining the key policies and programmes for the next Parliamentary session. Fiona Matthews and Louise Williamson...
What did the Queen’s speech tell us about the future of pensions and master trusts?
Last month, on the 18th May, the Queen delivered her 65th speech, outlining the key policies and programmes drawn up by the British Government. The speech...
Master trusts – getting it right
Fiona Matthews reviews the benefits of master trusts for occupational pension schemes, how to choose one and the pitfalls of smaller, unsustainable providers damaging market...
How can trustees ensure they are attending to their members’ needs at retirement?
Our DC Pensions Flexibility Study, which followed schemes’ steps towards flexibility immediately after the freedoms were introduced, and again 6 months later, produced some interesting...
Annuity vs. Drawdown: Dispelling the myths
In recent months, the media has reported that many pension savers are continuing to opt for annuities as their primary retirement investment. The recent ABI...
How to prepare for employees’ questions about pensions
Promoting long term savings in a positive light has always been high on the government’s agenda and has grown in prominence over the past year...
Pensions in 2016: The top three priorities for the year ahead
2015 was a year of seismic change in the pensions industry, as new freedoms and auto-enrolment continue to shake up the landscape of long-term financial...
Will Factor 55 be as big a challenge to workforce planning as anticipated?
On the back of the new pension rules, the age of 55 is set to become a huge milestone in people’s working lives, which is...
Tapered annual allowance: how can you help?
Earlier this year, the government announced provisions for reducing the annual pension allowance for individuals earning over £150,000. These high earners will see their annual...
Withdrawal strategies in retirement
Recent reforms to the pensions market in the UK have expanded the choice available for accessing pension savings. However, with greater choice comes greater complexity....
How to improve understanding of pensions and long term savings in the workforce
Currently, only a third of UK workers are prioritising long term saving. Furthermore, of those that are saving for their retirement, many are not saving...
Should employers facilitate a drawdown route for employees?
The pension reforms, introduced by the government in April 2015, have brought about a whole new way of thinking about retirement that impacts almost every...
The role of master trusts in the UK pensions market
Watch Fiona Matthew’s interview with Francesca Fabrizi from Pension Age, to learn more about LifeSight. Fiona discusses how the industry has reacted to the pension...
Attitudes to pension reforms: Why employers need to address employees’ concerns
As the government’s pension reforms start to become a reality for many people, the financial ombudsman and pensions industry are getting increasingly concerned about the...
The death of pensions? Should the industry be re-branding the P-word to be more about savings rather than pensions?
When people start saving into a pension they essentially obtain a pay rise. Not only will the Government top up a pension pot by providing...
Are we in the midst of a pension revolution?
The Government’s recent pension reforms bring about a quiet revolution in how working people save, access, manage, and use their pensions. The new rules state...
How pension provision can secure new talent and help retain staff
The quality and extent of pension provision has always been an important factor for British workers when choosing a new role and organisation. And...
To drawdown or not to drawdown?
The latest pension reforms have introduced greater freedom, flexibility and choice for people that want to tap into their pension savings when they reach 55....
Pension reform
The Government’s new pension reforms are already driving many of the UK’s leading organisations to review the pension schemes they offer to staff. Larger organisations...
