It is estimated that only around 28% of the EU’s 243 million citizens aged 25 to 59 years are currently saving into a pension. The European Commission considers that offering an alternative form of pensions vehicle will drive a change in behaviour. To this end, on 29 June, the European Commission proposed Regulations setting out … Continue Reading
You may need to make urgent changes to your trustee board if you are caught by little-publicised provisions in the Occupational Pension Schemes (Charges and Governance) Regulations 2015. Most commentators have focussed on the charges provisions in those Regulations, but a surprising number of UK pension plans will be caught by onerous additional requirements applicable … Continue Reading
