All Department for Work & Pensions (DWP) articles – Page 3
-
NewsNew UK group aims to provide ‘loud trustee voice’ on sustainability
Newly formed Trustee Sustainability Working Group wants to work with regulators to move away from approach that fosters ‘low-level reporting’ on climate risk management
-
NewsPensions industry calls for clarity and longevity from UK government
DWP expects fewer schemes that are larger, have more diverse investments, and are more focused on outcomes to offer members a smoother retirement journey
-
NewsDWP confirms ‘pot for life’ no longer on government’s agenda
Pensions industry has previously raised concerns over the proposed lifetime model
-
NewsVfM and proposed Red-Amber-Green assessment ‘too blunt and severe’
The pensions industry is also concerned over the extensive set of disclosures proposed by the regulator
-
NewsRoyal Mail’s journey to CDC
A number of other pension schemes are already interested in the CDC concept, including the Church of England Pensions Board
-
AnalysisWhat does the climate transition plan craze mean for pension funds?
Will the move to include net-zero strategies in disclosure rules help assess portfolio companies, and will pension funds be captured themselves?
-
NewsIndustry divided on new VFM framework’s ability to drive DC investment in private markets
Excluding forward-looking performance is a ‘missed opportunity’, says NatWest Cushon
-
NewsPensions industry urged to help shape ‘value for money’ framework for DC schemes [updated]
The FCA has launched its consultation for contract-based schemes ahead of the DWP introducing equivalent legislation for trust-based schemes in an upcoming Pension Schemes Bill
-
NewsUK government announces ‘landmark’ pensions review
Chancellor of the exchequer, Rachel Reeves, says the review is set to boost investment, increase pension pots and tackle waste in the UK pensions system
-
NewsUK pensions industry sets out priorities for new minister
Emma Reynolds was appointed as joint parliamentary secretary across both the Treasury and DWP
-
NewsJoint Treasury/DWP appointment ignites hope for joined-up pensions policy approach
Emma Reynolds has been appointed Parliamentary Secretary at HM Treasury and DWP
-
NewsUK appoints secretary of state for work and pensions
The appointment follows Labour’s landslide win in UK general elections
-
NewsDB scheme employers urged to review surplus framework ahead of valuations
Areas to be reviewed include escrow arrangements, contribution mechanisms and funding of future service contributions
-
News‘Lifetime Provider Model’ still considered by UK government
Government is expected to issue responses to call for evidence in due course
-
NewsCapacity issues led to delay in Pensions Dashboards Programme
National Audit Office says capacity and capability issues, including lack of digital skills and ineffective governance, have contributed to delays to UK’s PDP
-
NewsPLSA calls for superfund regime before establishing public sector consolidator
Association says more time is needed to determine whether public sector consolidator is needed
-
NewsPPF-run pensions consolidator could unlock £10bn in UK investment
The lifeboat scheme estimates that pension funds with assets totalling £130bn could be interested in a transfer
-
NewsFTSE350 DB schemes do not invest in line with Mansion House agenda
Mercer analysis of FTSE350 pension funds shows an aggregate surplus of £66bn at the end of March 2024
-
NewsHuge amount of work left for schemes ahead of pension dashboards launch
LCP’s survey found that only 39% of its webinar attendees had prepared pensions dashboard ‘project plan’
-
NewsUK pensions committee calls for fresh approach to funding regulations
Industry welcomes recommendations that will help open DB schemes thrive
