The topic of mental health has hit the headlines and taken centre stage. Huge efforts have gone into challenging misconceptions about mental health. It’s about supporting people when they most need it.
John Cormell and Richard Gibson explore the issue of guaranteed minimum pension (GMP) conversion.
The Department for Work and Pensions (DWP) has published a response to its June 2018 consultation on the subject of building “a Stronger Pensions Regulator”.
In previous REBA articles we explored why financial wellbeing is ‘fundamental not just a fad’ and then looked at how we analyse, consultant, deliver and check via our ‘ACDC’ framework. Now we explore how to deliver this into the workplace.
Recently, one of our clients asked us for some help in thinking about their currency risks, ahead of Brexit. Although they had most of their assets invested in UK markets, they wanted to reduce their currency risk and they therefore expected our advice to focus on their overseas investments. But sometimes risk can appear in unexpected places and the best solution can be the opposite of what you expect. In this case we had to go beyond the expected to get the best result.
Looking ahead to the 31 March 2019 year-end, most companies reporting are currently looking at a broadly unchanged IAS19 funding position. The average funding level in our most recent survey was 96%, and this is likely to stay around this level.