In the context of occupational, stakeholder, and group personal pension schemes, professional trustees are responsible for collecting contributions, investing assets, and paying out benefits according to the rules of the fund. Trustees have certain core duties, set out in law, which they must perform, and they also have discretionary powers to make decisions. [...]

UK Finance News
Entries Tagged as 'Pensions'
What are the liabilities to trustees in the event of a pension wind up?
James Stafford - Tuesday 04.10.11, 20:20pm
Tags: Pensions · Personal Finance
FAS And PPF Assessment
James Stafford - Thursday 04.08.11, 15:20pm
FAS Assessment and PPF assessment might easily be described as two sides of the same coin because both form part of the pension rescue package available to employees whose company pension schemes have collapsed.
There are five stages involved in the FAS (Financial Assistance Scheme) process – notification, qualification, provision of member data, assessment, and payment. [...]
Tags: Pensions
UK company pension schemes should cut risk
James Stafford - Monday 16.05.11, 14:20pm
According to a new report, some of the UK’s largest companies risk seeing an increase in the deficits of their pension schemes due to their failing to lock in recent market gains by moving money into less risky investments.
A spokesperson for the consultancy PensionsFirst today suggested that assets held by benefit schemes of FTSE 100 [...]
Tags: Finance News · Pensions
Aviva Real Retirement Report shows how financial institutions have devastated pension funds for over 55s
John Williams - Tuesday 07.09.10, 16:23pm
A decade or so ago the ‘Saga generation’ of over 50s in the UK were being targeted by shops and businesses for being the part of the UK with the most disposable income.
Everything from lavish holidays to premium pension plans was aimed at this group of people and many were happy to oblige by passing [...]
Tags: Interest Rates · Pensions · Personal Finance · Savings · UK economy
Majority of UK ex-pats content to retire abroad
John Williams - Monday 23.11.09, 14:43pm
A survey by Alliance & Leicester International has revealed that a staggering 87% of ex pats are content to choose to retire in the country that they have chosen to reside in, with France (18%), Spain (13%) and the UK (12%), being the most popular retirement destinations.
With the cost of retirement in the UK estimated [...]
Tags: Equity Release · Europe · Pensions · Personal Finance · Property Market · Savings · UK economy · World Economy







