So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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TPR interim chair Sarah Smart grilled over potential BA scheme conflict
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Smart became interim chair this month
The Pensions Regulator (TPR) interim chair Sarah Smart has tried to reassure MPs that no conflict of interest will arise from her husband’s role at the British Airways pension schemes.