Trade union briefings

In this briefing we review the pension content of the Chancellor’s Autumn Statement, we examine a proposed new role for the PPF, and we review upcoming auto-enrolment reform. We also discuss the impact of the cost of living crisis on pension savings and retirement

In this issue we review the proposed pension reforms set out in the Chancellor’s Mansion House speech, we examine upcoming changes to the PPF levy, and we review a further case of historical mismanagement of the State Pension. We also report back on the CDC fringe meeting which took place…

In this issue we review the proposed changes to the State Pension age and the secondary effects of last year’s market turmoil. We discuss the impact of the Capita cyber attack, TPR’s new Liability Driven Investment (LDI) guidance, and fairness to members in times of changing market conditions.

In this issue we review the pensions tax reforms introduced in the Chancellor’s Spring Budget, along with the proposed widening of the auto-enrolment criteria. We also examine new research on whether we are saving enough for retirement and provide an update on the Pensions Dashboards Programme.

In this briefing, we review upcoming changes following the recent Autumn Statement. We also discuss how schemes have been affected by recent market turmoil and the proposed reductions to next year’s PPF levy.

In this briefing we discuss how trade unions can influence company policies through their investments. We look at The Pensions Regulator’s latest efforts to stop pension scams. And we explain how all lower-earning members will benefit from tax relief from 2024.

In this issue we discuss the impact of the rising cost of living on pensioners and the short-term government support in place. We also cover PASA’s new good practice guidance on Defined Benefit transfers and Government’s recent efforts to encourage better retirement outcomes in Defined Contribution schemes.

In this briefing, we look at proposals from TPR on regulating CDC pension schemes. We report on the DWP State Pension shortcomings, and discuss changes in your annual scheme return submission. We also provide an update on changes to the calculation of PPF levies for 2022/23.

We take a look at the next round of pensions-related legislation passing through Parliament and provide an update on the British Steel Pension Scheme’s FCA investigation. We also look at management fees charged to new and small DC pension pots and the newly imposed requirements for trustees when considering transfer…

This quarter, we discuss the suspension of the triple lock, the increase in NI contributions and new guidance for schemes on GMP equalisation. We also provide a Covid-19 mortality update and a summary of charges of maladministration regarding the DWP’s announcement of the women’s State Pension age changes.

We look at proposed new anti-scam powers for trustees. We cover Government proposals to make benefit statements more user-friendly, and renewed calls to review pensions tax relief. We discuss the Regulator’s Annual Funding Statement, And we examine opposition to RPI reforms from trustees of three of the UK’s biggest schemes.

We look at the remedy for age discrimination in public service schemes. We examine the removal of the exit payments cap. We explore the new Pension Schemes Act and proposed changes to the age from which individuals can draw benefits. And we discuss Government’s response to underpaid State Pensions.

In the latest issue of our briefing for trade unions, we discuss the future of the RPI and the latest update on GMP equalisation requirements. We also look at the latest developments in the Pension Schemes Bill and the new withdrawal option available to independent schools in the Teachers’ Pension…

In the latest issue of our briefing for trade unions, we discuss the latest in pensions from Government, from the confirmed minimum pension age increase and the underpayment of some state pensions, to the latest pensions legislation proposals. We also introduce the new Enhanced Governance Fund that First Actuarial played…

In the latest issue, we discuss the ongoing impact of COVID-19 on individuals and pension schemes as the economy remains on hold, looking in particular at the Regulator’s Annual Funding Statement. We share a link to First Actuarial’s free webinar aimed at helping your members manage their personal finances in…

In the latest issue of our briefing for trade unions, we discuss the impact of Covid-19 on pension schemes as global markets tumble. We also outline the issues that Budget 2020 raises for trade unionists.

We discuss the latest pension issues affecting trade unions. We report on action the NHS has taken in the face of the tax ‘crisis’. In response to employer contribution increases, 62 independent schools now plan to leave the TPS (Teachers’ Pension Scheme). And have a guess where the UK ranks…

In this issue, our update on public service pensions includes the ongoing impact of pension tax changes on some NHS employees, and recent law cases which have ruled transitional protections in both the Judicial and Firefighters’ Schemes to be unlawful. We also look at the pain that pension scams are…

In this TUC Congress special briefing, we report back on findings from last year’s pensions and financial wellbeing survey at the TUC Congress in Manchester. Over 40% of people are unconfident that they’re saving enough for their retirement, for example. Read on for more findings and trade union news. If…

In our latest trade union briefing, we discuss intergenerational fairness and how this is affecting pensions and trade unions – with the triple-lock on the State Pension coming under scrutiny, and other developments. The Pension Protection Fund has recently published its three year plan for 2019-22, and we examine its five…

In the latest issue, we take a look at how The Pensions Regulator (TPR) expects trustees to manage the risks of relating to their defined benefit pension scheme, including long-term funding targets and recovery plans. We also discuss the introduction of ‘Pension Freedoms’ and how they work as a member…

Welcome to our Christmas 2018 briefing for trade unions. We highlight the pension issues coming out of the autumn budget, the latest on GMP equalisation, and we even throw in a pensions fun fact for good measure. Merry Christmas to everyone in the trade union movement.

In this issue we brief trade unions on the Government’s recent White Paper, Protecting Defined Benefit Pension Schemes, which sets out how it intends to increase protections and make improvements to the current pensions system. We also discuss two recent court cases involving the Pension Protection Fund (PPF).

We report on recent COPE state pension changes, the BT court ruling and Port Talbot transfer value activities. We also brief trade unions on the latest mortality projections and key DC scheme issues.

We brief trade unions on the next three years of the PPF levy and forthcoming changes in the state pension age. We also assess progress on auto-enrolment to date, and provide a quick-read guide to defined contribution pension schemes.