Author: Andrew Wood
Publisher:
ISBN: 9781847127174
Category :
Languages : en
Pages : 16
Book Description
Consultation on Workplace Pension Reforms
Author: Andrew Wood
Publisher:
ISBN: 9781847127174
Category :
Languages : en
Pages : 16
Book Description
Publisher:
ISBN: 9781847127174
Category :
Languages : en
Pages : 16
Book Description
Revised Implementation Proposals for Workplace Pension Reform
Author: Great Britain. Department for Work and Pensions
Publisher:
ISBN: 9781781530528
Category : Defined benefit pension plans
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9781781530528
Category : Defined benefit pension plans
Languages : en
Pages :
Book Description
Pensions
Author: Great Britain. Department for Work and Pensions
Publisher:
ISBN: 9781849471046
Category : Pension trusts
Languages : en
Pages : 215
Book Description
Publisher:
ISBN: 9781849471046
Category : Pension trusts
Languages : en
Pages : 215
Book Description
Consultation on Workplace Pension Reforms
Author: Andrew Wood
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 130
Book Description
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 130
Book Description
Impact Assessment of Workplace Pension Reform (Completing the Picture) Regulations 2010
Author: Great Britain. Department for Work and Pensions
Publisher:
ISBN: 9781849471060
Category : Pensions
Languages : en
Pages : 65
Book Description
Publisher:
ISBN: 9781849471060
Category : Pensions
Languages : en
Pages : 65
Book Description
Tolley's Guide to the Employers' Pension Provision Survey 2009
Author: Roger Self
Publisher:
ISBN: 9780754539667
Category : Pension trusts
Languages : en
Pages : 26
Book Description
Publisher:
ISBN: 9780754539667
Category : Pension trusts
Languages : en
Pages : 26
Book Description
Department for Work and Pensions: Public Consultation: Better Workplace Pensions: A Consultation on Charging - Cm. 8737
Author: Great Britain: Department for Work and Pensions
Publisher: The Stationery Office
ISBN: 9780101873727
Category : Social Science
Languages : en
Pages : 48
Book Description
This Government is proposing to introduce a system of automatic pensions transfers to help people to better keep track of their workplace pension savings. The majority of people being automatically enrolled are likely to join the default fund in defined contribution (DC) schemes. It is, therefore, important to ensure that these schemes deliver the best possible value for money. The impact of the charges levied on people's pensions savings over their lifetime can be significant - seemingly small variations in charges can result in a considerable difference in people's final retirement savings. A number of voluntary industry initiatives seeking to improve disclosure of charges information to scheme members and employers have been launched in an effort to reduce the complexity of the product. The Government welcomes these initiatives, but is interested in views on whether further action is required. There are a number of potential options: mandating disclosure to members by widening the disclosure requirements, to include information about charges; standardising disclosure to employers; or disclosure of transaction costs - require disclosure to members, employers, as well as trustees, and independent governance committees (as recommended by the OFT). The Government is also interested in hearing views on whether: a cap on pension scheme charges should be introduced; differential charging between active and deferred members should be banned in DC qualifying schemes; the ban on consultancy charges should be extended from AE schemes to all qualifying DC schemes; adviser commissions set up prior to the introduction of the Retail Distribution Review should be banned in qualifying schemes
Publisher: The Stationery Office
ISBN: 9780101873727
Category : Social Science
Languages : en
Pages : 48
Book Description
This Government is proposing to introduce a system of automatic pensions transfers to help people to better keep track of their workplace pension savings. The majority of people being automatically enrolled are likely to join the default fund in defined contribution (DC) schemes. It is, therefore, important to ensure that these schemes deliver the best possible value for money. The impact of the charges levied on people's pensions savings over their lifetime can be significant - seemingly small variations in charges can result in a considerable difference in people's final retirement savings. A number of voluntary industry initiatives seeking to improve disclosure of charges information to scheme members and employers have been launched in an effort to reduce the complexity of the product. The Government welcomes these initiatives, but is interested in views on whether further action is required. There are a number of potential options: mandating disclosure to members by widening the disclosure requirements, to include information about charges; standardising disclosure to employers; or disclosure of transaction costs - require disclosure to members, employers, as well as trustees, and independent governance committees (as recommended by the OFT). The Government is also interested in hearing views on whether: a cap on pension scheme charges should be introduced; differential charging between active and deferred members should be banned in DC qualifying schemes; the ban on consultancy charges should be extended from AE schemes to all qualifying DC schemes; adviser commissions set up prior to the introduction of the Retail Distribution Review should be banned in qualifying schemes
Workplace Pension Reforms Evaluation Strategy
Author:
Publisher:
ISBN: 9781908523006
Category : Old age pensions
Languages : en
Pages : 19
Book Description
"The Evaluation Strategy provides a framework for evaluating the effects of the reforms. It sets out the broad policy context, the key benefits and costs to individuals, employers, industry and Government, the evaluation approach, reporting strategy, and the likely sources of information." -- Back cover.
Publisher:
ISBN: 9781908523006
Category : Old age pensions
Languages : en
Pages : 19
Book Description
"The Evaluation Strategy provides a framework for evaluating the effects of the reforms. It sets out the broad policy context, the key benefits and costs to individuals, employers, industry and Government, the evaluation approach, reporting strategy, and the likely sources of information." -- Back cover.
Government Response to the Consultation on Better Workplace Pensions
Author: Great Britain. Department for Work and Pensions
Publisher:
ISBN: 9781474114929
Category :
Languages : en
Pages : 115
Book Description
Publisher:
ISBN: 9781474114929
Category :
Languages : en
Pages : 115
Book Description
Department for Work and Pensions: Public Consultation: Reshaping Workplace Pensions for Future Generations - Cm. 8710
Author: Great Britain: Department for Work and Pensions
Publisher: The Stationery Office
ISBN: 9780101871020
Category : Social Science
Languages : en
Pages : 74
Book Description
In Reinvigorating workplace pensions1 published last November, the Government set out to explore whether there was scope for a new category of defined ambition (DA) pensions that would complement the defined benefit (DB) and defined contribution (DC) structures that currently dominate the market. Automatic enrolment and the single-tier State Pension will provide a firm foundation for saving for retirement. But if the current forms of DC pension saving become the default alternative to traditional DB, the pension income of future generations from workplace pensions will be more uncertain than for past generations. Over the last 12 months the DA project - a joint project between DWP and the pensions industry - has been exploring options in a middle ground. The Government proposes that the regulation of workplace pension schemes should not focus on the detail of benefit design but on what is important to the member: ensuring that any promise or guarantee, whether from the sponsoring employer or scheme, provider is delivered. This Government proposes to make it easier for employers to sponsor new pension schemes where benefits accrue on a specified basis (e.g. related to salary); and also to allow additional flexibilities for future accruals only within existing DB schemes, including the possibility of allowing a statutory override to facilitate these changes. The new flexibility will remove constraints from the existing legislative framework while still giving employees the certainty of a pension scheme where the benefits are defined (such as in relation to their salary) with the security of the promise being sponsored by their employer
Publisher: The Stationery Office
ISBN: 9780101871020
Category : Social Science
Languages : en
Pages : 74
Book Description
In Reinvigorating workplace pensions1 published last November, the Government set out to explore whether there was scope for a new category of defined ambition (DA) pensions that would complement the defined benefit (DB) and defined contribution (DC) structures that currently dominate the market. Automatic enrolment and the single-tier State Pension will provide a firm foundation for saving for retirement. But if the current forms of DC pension saving become the default alternative to traditional DB, the pension income of future generations from workplace pensions will be more uncertain than for past generations. Over the last 12 months the DA project - a joint project between DWP and the pensions industry - has been exploring options in a middle ground. The Government proposes that the regulation of workplace pension schemes should not focus on the detail of benefit design but on what is important to the member: ensuring that any promise or guarantee, whether from the sponsoring employer or scheme, provider is delivered. This Government proposes to make it easier for employers to sponsor new pension schemes where benefits accrue on a specified basis (e.g. related to salary); and also to allow additional flexibilities for future accruals only within existing DB schemes, including the possibility of allowing a statutory override to facilitate these changes. The new flexibility will remove constraints from the existing legislative framework while still giving employees the certainty of a pension scheme where the benefits are defined (such as in relation to their salary) with the security of the promise being sponsored by their employer