Corporate Adviser

6 days ago | corporate-adviser.com | Muna Abdi

The Society of Pension Professionals (SPP) has warned against potential changes to salary sacrifice arrangements for pensions, saying reforms would disproportionately harm low and moderate earners and reduce overall pension saving. Recent research commissioned by HM Revenue & Customs (HMRC) has sparked speculation that the government may be considering reforming or abolishing salary sacrifice as a way to reduce public spending.

6 days ago | corporate-adviser.com | Muna Abdi

Cheviot, a multi-employer pension trust offering both defined benefit (DB) and defined contribution (DC) schemes, has introduced a new operational and investment model in response to increasing regulatory demands, rising costs, and the need to simplify scheme management. Spence & Partners has been appointed as the administrator for all Cheviot schemes, while Van Lanschot Kempen was appointed as fiduciary manager last year for their investment and sustainability expertise.

1 week ago | corporate-adviser.com | Emma Simon

A new industry group has been formed to raise awareness of the importance of business protection insurance among the advisory community. The group is a collaboration of advisers, insurers, reinsures and other market specialists. Advisers include Lifesearch, Pangea, Wealthmax and Towergate, while there is also involved fromRoyal London, Zurich, L&G, LV=, Scottish widows, Unisure, Swiss Re, andQB partners, CI expert, Ipipeline and Iress.

1 week ago | corporate-adviser.com | Muna Abdi

Isio has connected its first pension scheme to the Pensions Dashboards ecosystem, joining Royal London, Aegon, Fidelity, Barnett Waddingham and Standard Life. The move strengthens the partnership between Isio, the scheme’s trustees, and tech provider Equisoft. Isio says trustees should think beyond compliance and use the dashboards rollout as a springboard for broader transformation.

1 week ago | corporate-adviser.com | Emma Simon

The government has stepped back from proposals to regulate consultants advising employers on pension schemes — stating that it hopes the new the new Value for Money framework will help drive the market away from purely cost-based decisions. Publishing the final version of its Pension Investment Review today, the government set out its plans to overhaul the DC workplace pension sector, with the creation of £25bn megafunds that will drive greater investment into the UK domestic economy.