Tag "Defined Contribution"

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News UK Pensions

Aon welcomes auto-enrolment increases

Aon has noted and welcomed the increases to the legal minimum workplace pension contribution rates that took effect in the UK from 6 April. Minimum pension contributions increased to 5%

News UK Pensions

Academic staff strike over USS changes

Two days of strikes over plans to end the defined benefit element of the Universities Superannuation Scheme (USS) began today, affecting more than one million students at more than 60 higher

News UK Pensions

BT scheme members accept new pension deal

Managers and professionals working at BT have voted to accept a new pension deal negotiated on their behalf, workers’ union Prospect has said. BT announced plans to review its defined

News UK Pensions

University boss calls for rethink over USS changes

Proposed changes to the Universities Superannuation Scheme (USS) would have “serious consequences” for affected universities and alternative approaches should be explored, the University of Warwick’s vice-chancellor, Professor Stuart Croft, has

News UK Pensions

USS faces significant benefits changes

Universities UK is proposing changes to the Universities Superannuation Scheme (USS) to address deficit issues and a significant rise in the cost of future pensions. A deficit of approximately £7.5

News UK Pensions

NPT adds to senior team

National Pension Trust (NPT), the defined contribution (DC) master trust offering from UK specialist Xafinity Group, has appointed two new members to its senior team. Andy Flynn and Jonathan Hight-Warburton

News UK Pensions

Trustees urged to act now on new DC standards

The Pensions Regulator is calling on trustees of defined contribution (DC) pension schemes to ensure they are on track to meet new requirements introduced in April following a change in

News UK Pensions

DC schemes asked to confirm compliance with charge controls

Trustees and managers of occupational defined contribution (DC) pension schemes will be asked to confirm whether or not they comply with new charge controls in their scheme return to The

News UK Pensions

PMI launches new DC governance qualification

PMI launches new DC governance qualification The Pensions Management Institute has today launched its latest qualification, the Certificate in DC Governance. The new qualification is designed for those running, advising

European Pensions News

EIOPA Launches Pensions Stress Test

​EIOPA has launched its pensions first stress test for Institutions for Occupational Retirement Provision (IORPs), and a quantitative assessment of further work on solvency of IORPs. The stress test will