What can we expect from a Labour Government on Pensions? Whoever the next Government is, there are significant benefits to consensus and ensuring a stable and long term pension policy agenda, which has cross party agreement. The proposed “Life Ready, Job Ready’ initiative has potential to provide great foundations to support meaningful financial literacy from a young age. This may go some way to help with the bad debt, longer term savings and pension adequacy challenges that we’re all trying to address Pensions and Lifetime Savings Association #PLSA #PLSAannual2023 #mastertrust Scottish Widows Workplace Pensions
Sharon Bellingham AMAPPT’s Post
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🚨 OUT TODAY: ‘Scrap all pensions tax relief and national insurance rebates, replacing them with ‘savings bonuses’, top pensions expert Michael Johnson says The proposals form part of a broader plan for a simpler, fairer and more sustainable pensions landscape. It presents a pensions framework that considers, as a coherent whole, the three main sources of retirement income; the State Pension, and personal and workplace-derived savings. It pulls together proposals made in 30+ separate papers, written over the last 15 years. One of the main proposals - scrapping all pensions tax relief and national insurance rebates, and replacing with savings bonuses - is designed to increase more people to save, would save the public purse at least £10 billion each year, and provide a radical simplification of individuals’ tax affairs. Read the briefing: https://lnkd.in/eAPWS8Gs #pensionspolicy #retirementsaving #ukpensions #statepension #retirementincome
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Unclaimed Treasures: Workplace Pensions💎 [Capital at risk] Ever wondered about pensions? Curious about how workplace pensions work and what's the deal with combining them? We've got you covered! 👇 Here's the scoop 📰 Workplace pensions are like hidden treasures for your future self. Did you know that over 2.8 million pensions worth a staggering £26.6 billion are left unclaimed? Imagine if one of those was yours? 😱 Don't let your hard-earned money slip away! Learn how to uncover all your pensions and take control of your financial future. 💪 Check out our blog post: 'How to Find All Your Pensions and Stay on Top of Them.' Tap the link in the comments to start your pension treasure hunt! 🕵️♂️🔍 #PensionPlanning #UnclaimedPensions #FinancialFuture #PAD2023 #PensionAwarenessWeek #WorkPlacePensions
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Partner and Head of Pensions at Hogan Lovells, specialising in advising pension funds, employers and pension providers
If you want an overview of what all the manifestos say on pensions and other issues related to later life, have a look at this excellent summary from the PPI.
General Election 2024 Briefing Paper #3 - Manifestos and later life provision | Pensions Policy Institute
pensionspolicyinstitute.org.uk
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Unclaimed Treasures: Workplace Pensions💎 Discover the hidden gems of workplace pensions! 💰 Did you know over 2.8 million unclaimed pensions, totaling £26.6 billion, are out there? 😱 Don't let your money vanish! Learn how to find and manage all your pensions for a secure financial future. 💪 Read our blog post: 'Mastering the Art of Locating and Managing Your Pensions. #pensionplanning #retirementsavings #financialfuture #UnclaimedPensions #LostMoney #retirementgoals #PensionManagement #securefuture #moneymatters #financialliteracy #pensionawarenessweek #investsmart #moneymanagement
Unclaimed Treasures: Workplace Pensions💎 [Capital at risk] Ever wondered about pensions? Curious about how workplace pensions work and what's the deal with combining them? We've got you covered! 👇 Here's the scoop 📰 Workplace pensions are like hidden treasures for your future self. Did you know that over 2.8 million pensions worth a staggering £26.6 billion are left unclaimed? Imagine if one of those was yours? 😱 Don't let your hard-earned money slip away! Learn how to uncover all your pensions and take control of your financial future. 💪 Check out our blog post: 'How to Find All Your Pensions and Stay on Top of Them.' Tap the link in the comments to start your pension treasure hunt! 🕵️♂️🔍 #PensionPlanning #UnclaimedPensions #FinancialFuture #PAD2023 #PensionAwarenessWeek #WorkPlacePensions
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Actuary ► Corporate and trustee services to DB and DC pension schemes ► Employee benefits and retention ► Marketing
The stark figures in recent research revealing how infrequently people are checking their workplace pensions underlines the work that our industry and government still needs to do to encourage people to check they are saving enough for the future and retirement. Financial education, the planned expansion of auto-enrolment and the introduction of the pensions dashboard could really help drive further engagement between young savers and their workplace pensions but more needs to be done to help savers of all ages. https://lnkd.in/exxn_Tab
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Exciting times ahead with the introduction of auto-enrolment for pensions in Ireland! 🚀 This development aims to boost private sector pension savings and follows successful models in countries like the UK and Australia! However, with two systems now in place, it's crucial for employees to evaluate their options carefully. Everyone needs to make sure you're not missing out on potentially better employer-provided pensions 💡 Stay informed and make the best choice for your retirement future! Full Article: https://lnkd.in/eufhXqna #AutoEnrolment #FinancialPlanning #RetirementPlanning
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Very good Alistair McQueen - we know that people project how processing a particular peice of communication is going to make them feel before deciding to process it or not. This is even more true as people age. Looks like work to be done in persuading people that knowing more about their pension is going to make them feel good!! #behaviouralscience #behaviouralpsychology #financialinsights
New research from Department for Work and Pensions (DWP) finds pension information should not be sent on birthdays ... because "birthdays are about having a good time." So, it appears that some out there do not associate pensions with having a good time. 😲
Engaging with Pensions at timely moments
gov.uk
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Recent research by Moneyhub and Smart Pensions have revealed how little savers are checking their workplace pensions. Young savers are leading the way in pension engagement. However, more needs to be done to ensure that all savers are checking their pensions regularly and saving enough for the future. Our partner and actuary Stuart Price shares his thoughts: https://lnkd.in/e-t8GuMe
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The Irish pensions landscape is undergoing fundamental change at present. In the Irish Times special report on pensions, Head of LifeSight Maria Quinlan provides several insights on how WTW is helping companies understand this current landscape. Ranging from the possible impact on employers of auto-enrolment and other regulatory changes, how one can increase pensions coverage among employees, to the benefits of master trust arrangements. Read more here: https://ow.ly/PQFy50Q1zRI #LifeSight Ireland is a well-established pension solution that offers many benefits for employers and people saving for retirement. LifeSight Ireland now has €2 billion committed to our master trust as we continue to welcome new clients. LifeSight is a high-quality and innovative pension solution that offers brighter futures for employees and commercial benefits for employers. #mastertrust #pensions #retirement #wtw #autoenrolment
Pensions Focus Special Report - The Irish Times
irishtimes.com
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#TeamSPB UK Pensions' weekly roundup of legal and regulatory updates impacting occupational pension schemes is live - featuring the long-awaited general code of practice, set to take effect on 27 March 2024. ➡️ https://bit.ly/3Hmcg9l #UKPensions | #RoadtotheCode | #How2DoPensions I #AttentionPensions
Read Here
squirepattonboggs.com
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Head of DC Investments
10moCouldn't agree more, but will that be the case? We keep saying pensions are long term savings but how can that be if they are subject to the whim of the latest government. Would be nice if there was consensus!