Barnett Waddingham recently launched its UK Workplace Wellbeing Index survey looking at Corporate attitudes to 'Wellbeing'. A few weeks beforehand we launched Generation Why about how people look at their financial priorities.
Thankfully, the days of implementing a blanket approach to benefits and communications are behind us. However, the concept of ‘flexible’ benefits has been around for years, but were they really that flexible?
Most commentators are suggesting that the election will be dominated by Brexit and the future of the United Kingdom outside the European Union. But there are many other domestic issues that the election campaign will also throw into focus. Pensions are likely to feature in a number of different respects.
The implications of Brexit are likely to affect almost every facet of the wider economy. Liam Mayne, associate at Barnett Waddingham, examines the potential issues that will arise for employers in relation to defined benefit (DB) pension obligations.
Delegates at our recent Pensions Trustee conference had the opportunity to ask questions of three experts - Peter Askins, director at Independent Trustee Services, Robin Ellison, consultant at Pinsent Masons and our own senior consultant Malcolm McLean.
Our Head of Workplace Health and Wealth Damian Stancombe discussed the enormous responsibility faced by trustees of defined contribution schemes - a job that often goes unappreciated. The decisions they make now will help determine the quality of retirement their members will have. Damian explores how research and engagement on short to medium term financial issues has got to be the starting point on that journey.
The Pension Protection Fund (PPF) has released a consultation setting out its proposals for the 2018/19-2020/21 levy triennium. Overall the PPF’s proposals are intended to result in a fairer distribution of the PPF levy between pension schemes.
The decision to relax rules on the purchase of an annuity at retirement has revolutionised the DC landscape. Now, many non-pensioner members are exploring opportunities to transfer their final-salary benefits and avail of the flexibilities in a DC scheme.
The closing date to apply for IP14 of 5 April 2017 is fast approaching! We look at who can apply for IP14, what it protects, how to apply for it, how to calculate if you have sufficient benefits in order to apply for it, and if IP14 can ever be lost.
James Jones-Tinsley looks at the consultation on MPAA reduction and asks if the Chancellor is solving a problem that doesn’t exist – and creating real ones in the process.