Marcus Whitehead looks back at Rupert Harrison's Investment Conference talk which highlighted how investors over-reacted to political risk in 2016, why they shouldn't make the same mistake in 2017 and learn to tolerate a certain amount of volatility.
In the first in our series examining the WPC’s recommendations on DB regulation, we discuss the proposals to impose a ‘nuclear deterrent’ fine on culpable employers.
Barnett Waddingham highlights some actions that can still be taken to manage the size of your Pension Protection Fund levy before the 31 March 2017 data deadline, including one or two new methods introduced by the PPF.
The Work and Pensions Committee (WPC) recently published a list of recommendations for consultation in the Government’s Green Paper due in early 2017 to address perceived flaws in the regulation of defined benefit (DB) schemes. In a series of blog posts, we will discuss the key challenges and benefits for each recommendation in detail. For now, let’s look at the highlights…
The funding position of the average pension scheme on an accounting basis has fallen over 2016. Company directors can take advantage of flexibility in the framework to improve the reported position.
The Pensions Regulator has reached a compromise with Coats Group plc, securing additional funding and employer support for two large pension schemes and allowing the company to lift a restriction on dividends.
The PPF’s latest Purple Book reveals a fall in PPF-compliant contingent assets, driven by the PPF’s more robust approach to certification. Alternative approaches to reducing risk include security over assets and cash contributions.
In recent years there have been some monumental changes in UK pensions policy. Throughout 2016 we have seen a continuation of these policies and the emergence of a new pensions landscape, but not all of the changes have been unqualified successes.
For the third consecutive budget and autumn statement the chancellor has announced an increase to insurance premium tax - this time raising the level from 10% to 12% - meaning that the rate of insurance premium tax has doubled in the past 18 months.