Blog
Parents and Pensions: Having ‘the talk’ with your children
For most children, having a discussion with their parents about savings is an abstract concept. Add pensions to the mix and there’s a good chance...
Multiple Pension Pots? What Should You Do?
The government recently asked us to imagine a future where we can view all our pension pots at the touch of a button when it...
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...
Who does what under a master trust arrangement?
For many organisations, looking to outsource their pension provision to a master trust makes good business sense. Organisations can dramatically reduce the day to day...
Considering a master trust model? An FD cribsheet
There are three key factors when considering if a master trust is right for your organisation for someone in a finance role: Cost Risk What...
The importance of having a provider that can ensure security
With the recent rise in the popularity of master trusts has come some uncertainty for employers, especially in terms of how master trusts work and...
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...
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...
The past, present and future of DC master trusts
Some of the LifeSight team attended and presented a session on the past, present and future of master trusts at the Association of Consulting Actuaries...
Complexity in pension governance: What does the future hold?
Across the pension industry, we have seen numerous changes to governance in recent years. Since the Pensions Act in 1993, regulation has steadily been ramped...
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...
How will the changing role of pensions affect the way employers deliver them to employees?
Given that so much has changed in pensions and the way employers relate to them, how will pension provision fit into the reward package for...
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...
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...
