By Christine Scott The ICAS Pensions Panel supports the laudable aims of the Government’s proposals for Collective Defined Contribution (CDC) pension schemes. Questions remain, however, about whether there will be sufficient appetite among employers and savers for CDC. Moreover, there will be significant challenges in establishing a suitable legislative and regulatory framework. The introduction of CDC… Read More CDC: the future of UK pensions?
Auto-enrolment makes sense, but there are critical issues beyond pension coverage that need to be considered. BY GILLIAN RYAN I went to visit my daughter in the Gaeltacht on Sunday so we had a five-hour round trip, much of which was spent reading articles in the Sunday papers and on LinkedIn about pensions – much… Read More My pension road trip…
Responding to ICAS’ fourth question of its Challenging Conversations on pensions, Iain McLellan and Jennifer Shaw, discuss how employers can help their employees become more informed about what they need to save for retirement. In a recent survey more than half (51%) of respondents believed that the Government’s minimum automatic enrolment contribution rate of 8%… Read More How employers can help solve the savings crisis
By Stephanie Hawthorne What can politicians do to help restore trust in UK pensions? Experts share their views in this long-read article as part of our Challenging Conversation on pensions. UK workplace pensions over the past half century have been marked by the irreversible decline of defined benefit (DB) schemes. In 1967 there were around… Read More A new dawn for pensions
There are big issues with pensions that society needs to address at a macro and micro level. How do we pay for them? How much should we have when we retire? Are employees satisfied that their money is invested in the right place to get the best return? Are they content that they are getting… Read More Why we need to talk about pensions
Current pensions policy and the investment approach of many pension schemes is overly cautious, risks leaving us stuck in a rut of low aspirations and is not giving our young people an even chance to succeed. By Sir Brian Souter People who know me understand how important I think pensions are and they may also… Read More ICAS President calls for national debate on pensions