Homecroft Wealth Financial Advisers’ Post

We have put together a useful list of words to help you to navigate some of the more common pension terms. Read More. #Pensions #autoenrolment #workplacepensions https://fmp.me.uk/glossary

The Government has published a consultation setting out proposals for fundamental changes to the defined contribution (DC) pension scheme market. Most significantly, the Government is planning to legislate for a maximum number and minimum size of DC default funds. Read more about the proposals in our new blog post https://lnkd.in/edwDGc_7 #DC #Pensions

Great to read Pretty Sagoo’s take on how continual innovation is enabling Just to grow and serve a booming bulk annuity market. I found her commentary on how Just are using technology to speed up their pricing process (goodbye, three hour cashflow runs!) and their streamlined approach to small schemes particularly interesting. On the latter in particular, we’re seeing a number of insurers introducing this and asking trustees to fill in data or benefit templates which feed directly into their pricing models. This approach definitely allows insurers to meet demand in a more efficient way (and in particular, to continue to engage with “smaller” pension schemes with assets below £150M, say) but it would be brilliant from a trustee perspective for these templates to eventually become harmonised across insurers, to avoid the situation where trustees and their advisers have to fill in multiple templates to obtain pricing from different providers. This is an industry challenge which has existed for many years and whilst we don’t yet have a solution, hopefully the driving demand for bulk annuities will help the industry focus on this. #Aon #RiskSettlement #BulkAnnuities #SmallSchemes

The Netherlands has maintained the top spot in the 2024 Mercer CFA Institute Global Pension Index. Explore the report to see the analysis of the 48 pension systems, using more than 50 indicators: https://lnkd.in/evq7a5vZ #retirement #savings #pensions #longevity

We have compiled a useful list of words to help you to understand some of the more common pension terms. Read More. #Pensions #autoenrolment #workplacepensions https://fmp.me.uk/glossary

What are the largest public service UK pension schemes? Find out the answer to this question and much more in our pension facts blog. #Pensions #companypensions #personalpensions https://lnkd.in/e7B756hM

Pension Funding Index May 2024: The Milliman 100 PFI funded ratio increased to 103.4% during April. Corporate pension funded status improved for the fourth consecutive month despite April investment losses. 🔗https://bit.ly/4dBdGLY #Milliman #EmployeeBenefits #Pensions

Don't just filter on by keep my details handy....... From 6th April 2027, pension pots passed to future generations will form part of your estate for IHT purposes. Do you need to consider some planning? #planning #retirementplanning #estateplanning #inheritancetax #pensions #financialplanning

What are the largest public service UK pension schemes? Find out the answer to this question and much more in our pension facts blog. #Pensions #companypensions #personalpensions https://lnkd.in/e7B756hM

Micro Pension Plan refers to an arrangement under the Contributory Pension Scheme (CPS) that allows the self-employed and persons working in organisations with less than three (3) employees to make financial contributions. Interested in signing up for this plan? Call us now via 02012803550 or email contactcenter@vgpensions.com to get started. #Micropensions #VGPensions #Pensions #Retirementplanning #Micropensionplan