Most private sector pensions accrual in the UK is now on a DC basis. When legislators think about DB, it is only to worry about protecting past service benefits; never to wonder about whether the framework for future benefits is fit for purpose.
On Friday 17 November, Universities UK (UUK) said that they want all staff in the Universities Superannuation Scheme (USS) to earn only defined contribution (DC) benefits going forward. Paul Hamilton shares his expertise on the matter.
We joined forces with students from the University of Liverpool’s Institute of Financial and Actuarial Mathematics (IFAM) to undertake a research project to understand the way in which the key risks facing the University can be quantified and modelled.
The UK public has voted to 'leave' the EU. In our latest blog we look at the impact on markets and UK pension schemes, including accounting, funding and regulation.
In our latest blog we look at the Pensions Lifetime Savings Association's new guides for employers participating in the LGPS - designed to help them navigate the significant legal, financial and administrative hurdles this poses.
A Brexit following the EU referendum could lead to legislative changes for UK pension schemes, such as GMP equalisation, PPF compensation and funding requirements. The nature of the UK’s continued relationship with the EU will be key.
In the third and final blog in his series, Damian Stancombe follows the employee journey through to its conclusion, focussing on the 50+ age group – the Golden Years - as David Bowie famously sang about.
In the second of his blogs looking at the employee savings journey, Damian Stancombe picks up with the 30-49 age band and considers what financial priorities the middles ages are focussing on, and whether this period is in fact, more akin to the dark ages.
The Pensions Regulator’s priorities for 2016 to 2019 include economic risks, automatic enrolment and master trusts. We look at how this could impact employers.
Damian Stancombe brushes up on the riddle of the Sphinx, looks at the new 'kid on the block' the Lifetime ISA and ponders why he feels he is falling out of love with pensions.