Treasury confirms ‘no plans’ to review secondary annuity market

The government has “no plans” to review its decision regarding the secondary annuity market, HM Treasury economic secretary John Glen has said.

Responding to a parliamentary question from Conservative MP Craig Mackinlay, who asked whether the Chancellor of the Exchequer plans to “extend to the annuity market the freedom that people have to access their pensions”, Glen rejected the need to review the already scrapped proposal

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Just one in 10 overspending post pension freedoms – Prudential

Just one in 10 pensioners admit to overspending in retirement since the launch of pension freedoms, Prudential has found

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PLSA announces director of external affairs’ departure

The Pension and Lifetime Savings Association’s director of external affairs Graham Vidler is to depart after four years in the role

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News in brief 20 April

News in brief from the last seven days...

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Other News Stories...

CDC is '10 years too early or 10 years too late’ – industry says

Collective defined contribution (CDC) pension schemes are either 10 years too early or 10 years too late, Aon Hewitt senior partner Kevin Wesbroom has said

Debenhams’ pension surplus hits £91.5m despite profits battering

Retail giant Debenhams’ net pension surplus has almost doubled to £91.5m over the year on an IAS 19 accounting basis, despite pre-tax profits taking a £74.3m hit

Why the Burgess & others v Bic decision matters for pensions and wider trust law practitioners

Following the High Court ruling earlier this week on the Burgess & others v Bic case, Pensions Age asks Stephenson Harwood senior associate Naeem Noor why it matters

HMRC urged to use tax returns to ‘pseudo-enrol’ self-employed into pension saving

HM Revenue and Customs could assist the self-employed with pension savings through the tax return system, Royal London director of policy Steve Webb has said.

Speaking at the Pensions Management Institute’s Pensions Aspects Live conference, today 19 April 2018, the former Pensions Minister emphasised that the “big disappointment” of the auto-enrolment review was the lack of consideration over pension saving for the self-employed, women and low earners

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Engaging tactics
Laura Blows talks to Mark Rowlands, director of customer engagement at NEST, about how to increase member engagement
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Latest Features

Going biometric?

Raji Menon considers how biometrics may play a crucial role within pensions

Getting the gig

David Adams questions what more can be done to encourage self-employed ‘gig workers’ to save into a pension

Educate against attack

Nick Martindale explores how schemes can improve their cyber security

Difficult to care

David Adams explores the challenges of funding long-term care and how the pensions industry may help provide solutions to this problem

The right direction

Lynn Strongin Dodds looks at how political risk can affect pension funds and the strategies that should be put in place to combat this

Advising change

In the changing retirement landscape, Talya Misiri discusses IFAs’ experience

of pension regulations, new technologies and alternative retirement income sources

Engagement focus: Putting the member first

Matthew Blakstad discusses how key events in a scheme member’s life can be used as opportunities to engage them with their pension, while Stuart Anderson identifies the most effective ways to communicate with members to increase retirement saving, and considers how schemes can ensure

members receive the most value from their retirement savings

The optimist

Just a few months into the job, Julian Mund is getting stuck into a new daily routine serving as the PLSA’s chief executive. Natalie Tuck speaks to him about the future of the association and his thoughts on some big industry topics

The forgotten masses

Laura Blows reveals why a greater focus will increasingly be placed upon deferred members

Lessons learnt

Louise Farrand looks into the challenges created by the increasing numbers of school academies’ staff joining the LGPS

Staying on track

Nicola Thorpe reveals how to future proof your liability-driven investment strategy

Alternatives: Picking the diamonds from the 27 rhinestones

Percival Stanion argues that true ‘alternative’ investments are hard to find, but diversification is still possible

Pensions Age Jobs is the leading platform for all types of pension careers, pension jobs and jobs in pensions. To find your ideal pensions job click here: http://www.pensionsage.com/jobs
Pension Trustee
Posted by British Horseracing Authority
The role of an independent trustee does not report to anyone within the BHA structure as it is an independent role, appointed by the company, providing services to the trustee board.
Pensions Operations Manager
Posted by EDF Energy
Competitive, up to 10% Company bonus, 25 days holidays + Public Holidays, DB pension
Croydon (Interchange)
Permanent
We’re currently undergoing a review of our third-party pensions administration arrangements and implementing a new and ambitious approach to TPA performance review. You will help us to review and implement new processes and drive automation and the right behaviours to optimise the member experience.
Pensions Team Leader
Posted by BranWell Ford
35,000 - £37,000 pa
Derbyshire
One of the top employee benefit consultancies is looking for an experienced Team Leader or Senior Pensions Administrator looking for their next step up, to join their team. Reporting directly to the Pensions Administration Manager, you will manage a team of administrators who provides a full administration service to a portfolio of occupational DB schemes.
Workplace Engagement Consultant
Posted by Abenefit2u
Up to £36,500 p.a. (bonus potential 15%)
South of England
Permanent
Looking to join a well-regarded and market-leading pensions and benefits consultancy where you can utilise your excellent presentation and communication skills to provide high quality and relevant guidance, tailored to the audience? Then this may be the role for you. Pensions experience is essential.
Pensions Manager & Secretary to the Trustees
Posted by BranWell Ford
To £60,000 per annum + 25% Bonus
Warwickshire
Your role will be to advise, maintain and develop all aspects of the organisations DB and DC pensions’ arrangements. To act as Secretary to the Trustee and advise the Trustees and the Senior Management team on all pension related matters, in collaboration with professional advisers, ensuring the pension arrangements comply with legislation and best practice.
Pensions Manager (11-Month Contract Minimum)
Posted by Abenefit2u
High £50's + completion bonus
Midlands
Contract
Our client is urgently seeking an interim Pensions Manager who will be responsible for the day-to-day management and administration of the Company’s various pension, benefit, incentive and performance arrangements.
Associate Pension Consultant
Posted by BranWell Ford
30,000 - £40,000 pa
London, Surrey, Berkshire
You will be working for an award winning firm who have separate DB and DC Client Management Divisions. You will be based in central London, working on your own DB clients, where you will provide services to the Trustees and also provide support to a couple of the Senior Consultants. This will help you develop your knowledge and career further.
Secretary to the Trustee/Consultant
Posted by Abenefit2u
£based on experience + benefits
London
Permanent
If you have outstanding client relationship experience alongside excellent communication skills and have performed previously or currently, the role of Secretary to the Trustees, this could be your next exciting challenge!
View All Jobs

Engaging tactics
Laura Blows talks to Mark Rowlands, director of customer engagement at NEST, about how to increase member engagement

Investment matters
Laura Blows talks to NEST CIO Mark Fawcett about managing market conditions and compiling the best fund choices for DC members
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