UK Pension Protection Fund Cap Unlawful, Says Advocate General
A final decision will now be decided on by the European Court of Justice.
Tag: UK Pensions
UK Corporate DB Plans’ Deficit Soars 60% in March
Despite the sharp rise, the aggregate deficit is down 29% from 2017.
Research
US, UK Corporate Pension Deficits Diverge
Liabilities of corporate defined benefit plans of S&P 1500 firms rise, as those of FTSE350 fall.
UK Regulators Team Up on Pensions Strategy
FCA, TPR to tackle key risks facing the sector over the next five to 10 years.
UK Pension Deficits Widen in December
Despite monthly increase, deficit is 54% lower than previous year.
FTSE 350 Pension Deficits Rise £12 Billion in August
Mercer says decline may be due to uncertainty over Brexit negotiations.
Newsmakers
Texts and Emails to Be Added to UK Pension Cold-Calling Ban
Since April 2014, pensioners have lost an estimated £43 million to cons.
TPR Anti-Avoidance Hearing Heads to Upper Tribunal for First Time
Regulator wants to force ITV to fund plan with £90 million deficit.
Royal London Intermediary Pension Sales Up 64%, Demands Competition
After posting a successful H1 2017, UK pension provider Royal London wants more competition—and it’s pressing the government and regulators to open the floodgates.
Labour, House of Commons: 37 Million to Be Affected by UK Pension Age Increase
More than 56,000 in Prime Minister’s constituency.
TPR Shames Trustees Who Shirk Duties
UK regulator publicly names non-compliant pensions trustees.
Tata Steel Nearing Divorce from Pension
Deal to separate its pension plan from its business is imminent.
Research
KPMG Survey Finds ‘No End to Growth for LDI’ in UK
UK pensions have more than £900 billion of exposure to LDI.
UK Pensions Could Benefit from Diversified Property Investments
Aon white paper says pensions shouldn’t focus solely on commercial property.
Newsmakers
UK Workers Missing Out on £2 Billion of Pension Contributions, Study Finds
An estimated 3 million employees are forgoing an average of £650 each per year in matching contributions.