About Pendragon and what we do
About the people at Pendragon
About our electronic information service
Pensions Surveys
How to contact us
Pendragon home page

Your one point of access to surveys, research and reports for the Pensions Professional

Searching for: topic is "Contracting-out"

Surveys listed in reverse order of publication date

Results 1-15 of 18. Go to page: 1  2  
Jump to : Jul 2016  Apr 2016  Mar 2016  May 2015  Mar 2015  Jan 2015  Mar 2013  Jan 2013  Dec 2008  Nov 2006  Aug 2006  Apr 2006  Dec 2005  Aug 2005  Jul 2005  Dec 2003

Pensions accounting at 31 December 2015 and onwards
Pensions accounting at 31 December 2015 and onwards
Willis Towers Watson
Jul 2016 United Kingdom Surpluses and Deficits, Longevity, Funding and Minimum Funding Requirement, Contracting-out, Accounting
Figures from Willis Towers Watson have revealed that during the first half of 2016, deficits in FTSE 350 companies worsened to a peak of around £155bn at the end of June as markets reacted to the vote to leave the EU.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F69911DC   Click here to contact the authors.
 
Pensions Buzz
Pensions Buzz
Professional Pensions
5 Apr 2016 United Kingdom Pension Reform, Funding and Minimum Funding Requirement, Contracting-out, Automatic Enrolment, Annuities and Income Drawdown
Professional Pensions has published the latest edition of Pensions Buzz, a weekly survey which monitors the attitudes and opinions of the industry. This week's questions include:
  • Ten years on from the Pensions Commission, do you believe auto-enrolment will generally deliver on its goals of a pension of between 15-18% of earnings for a median earner at the point of retirement?;
  • Should the Government look at the auto-escalation of contributions for employees over and above the increases already planned?;
  • Should the Government consider compulsion?;
  • What is the revival in the purchase of annuities instead of drawdown and cash due to?; and
  • Are DB members generally prepared for the increase in NI contributions following the end of contracting out?

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

8D97119C   Click here to contact the authors.
 
The impact of state pension reforms on people with Guaranteed Minimum Pensions
The impact of state pension reforms on people with Guaranteed Minimum Pensions
National Audit Office (NAO)
24 Mar 2016 United Kingdom State Pensions, Pension Reform, Pensioners & Retirement, Contracting-out
The National Audit Office (NAO) has published a report looking at the impact of state pension reforms on people with a guaranteed minimum pension. The DWP estimates that more than 2 million people will reach state pension age in the next five years. The introduction of the new state pension, along with the government’s changes to state pension age, will affect all people with guaranteed minimum pensions, the number of which is estimated to be about 900,000.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2016 or click here (this link will not work in all circumstances). For further information about Perspective click here.

449691CE   Click here to contact the authors.
 
UK employers face scramble to avoid big bills when contracting-out ends next year
Cessation of contracting-out research
Towers Watson
18 May 2015 United Kingdom State Pensions, Funding and Minimum Funding Requirement, Contracting-out
Research from Towers Watson that questioned companies with defined benefit pension plans about what they plan to do in response to the end of contracting-out in April 2016 has found that 69% of employers have not yet decided how they will react to the changes. The results revealed that half of the companies that have decided on a course of action said that they plan to close their DB scheme to future accruals, whilst 37% said they would not be changing their pension plan design.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2015 or click here (this link will not work in all circumstances). For further information about Perspective click here.

3891078D   Click here to contact the authors.
 
Contracting out of Private Sector Defined Benefit Pension Schemes, 2013
Contracting out of Private Sector Defined Benefit Pension Schemes, 2013
Office for National Statistics (ONS)
27 Mar 2015 United Kingdom State Pensions, Contracting-out
The Office for National Statistics (ONS) has published information on membership and contributions for private sector defined benefit occupational schemes which are contracted out of the additional state pension. According to the findings, 91% of active members of private sector defined benefit  schemes were in contracted out schemes in 2008 compared to 80% in 2013. 

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2015 or click here (this link will not work in all circumstances). For further information about Perspective click here.

4390199A    
 
Majority of employers have not yet considered the impact of 2016 changes to State benefits
Contracting Out Survey
Mercer
13 Jan 2015 United Kingdom State Pensions, Pension Reform, Contracting-out
According to Mercer’s new Contracting Out Survey, 57% of employers with DB pension plans have not considered or determined how to address the increase in payroll costs that will come with changes in the way the State Pension integrates with employer sponsored DB plans. For employers with DC plans this percentage rises to 70%.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2015 or click here (this link will not work in all circumstances). For further information about Perspective click here.

83888475    
 
Pensions Buzz
Pensions Buzz
Professional Pensions
26 Mar 2013 United Kingdom Regulatory Bodies - the Pensions Regulator, Investment - General, Industry Bodies (excl. Regulatory Bodies), Contracting-out
Professional Pensions has published the latest edition of Pensions Buzz, a weekly survey which monitors the attitudes and opinions of the industry. This week's questions include:
  • Do you feel the National Association of Pension Funds offers members value for money?;
  • Should asset managers disclose to institutional clients the total annual cost per unit incurred by investors?;
  • Do you believe the objective given to The Pensions Regulator (TPR) to consider sponsoring employer's growth prospects will result in lower contributions to schemes?;
  • Do you believe a focus on executive pay has crowded out other important governance issues?; and
  • Has the acceleration of the end of contracting out left Steve Webb's DA agenda dead in the water?

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2013 or click here (this link will not work in all circumstances). For further information about Perspective click here.

A87568F1   Click here to contact the authors.
 
Global Pension Finance Watch - Fourth Quarter 2012
Global Pension Finance Watch
Towers Watson
Jan 2013 WORLDWIDE Investment - Performance, Countries - US, Countries - excl. European Union and US, Contracting-out
Towers Watson has published its Global Pension Finance Watch for the final quarter of 2012 which reviews how capital market performance affects defined benefit pension plan financing in major retirement markets worldwide. The report found that all global regions benefited from strong asset returns in 2012, but the positive impact was offset by interest rate declines, which led to increased liabilities.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2013 or click here (this link will not work in all circumstances). For further information about Perspective click here.

447755B3   Click here to contact the authors.
 
Why people may decide to remain in or opt out of personal accounts: Report of a qualitative study
DWP Research Report 551
Department for Work and Pensions (DWP)
Dec 2008 United Kingdom NEST/Personal Accounts, Contracting-out
This report presents the findings of a qualitative study of 60 employees currently without workplace pension provision carried out by the Ipsos MORI Social Research Institute, on behalf of the Department for Work and Pensions (DWP) in 2007. The study attempts to understand why they may decide to stay in or opt out of the personal accounts scheme when it is introduced in 2012. This was a follow-up to the survey Individuals' attitudes and likely reactions to the workplace pension reforms 2007: Report of a quantitative survey, DWP Research Report 550.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Dec 2008 or click here (this link will not work in all circumstances). For further information about Perspective click here.

E04597A8    
 
Insurers propose radical pensions reforms
IIF proposes radical pensions reforms
Irish Insurance Federation (IIF)
16 Nov 2006 Ireland Worldwide News, Surpluses and Deficits, State Pensions, Scheme Issues & Trends, Savings, Pension Increases, Pensioners & Retirement, Legislation, Investment - General, Industry Bodies (excl. Regulatory Bodies), European Union members, Contracting-out, Annuities and Income Drawdown, Administration
Research by the Irish Insurance Federation (IIF) shows that the national "pensions gap" – the shortfall in annual savings against the amount needed to provide a reasonable retirement income – has now reached €7 billion per year. This equates to €3,700 annually for every person in the workforce.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Nov 2006 or click here (this link will not work in all circumstances). For further information about Perspective click here.

3C35455A   Click here to contact the authors.
 
Advice needed for new national pensions savings scheme
Advice needed for new national pensions savings scheme
OPAS
30 Aug 2006 United Kingdom Welfare Reform, State Pensions, Savings, Pension Reform, Legislation, Industry Bodies (excl. Regulatory Bodies), Contracting-out
More than 70% of callers in a recent survey by The Pensions Advisory Service (TPAS) have said they would need advice as to whether they should opt to stay in or come out of the new system of "personal accounts" likely to come into effect in 2012.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2006 or click here (this link will not work in all circumstances). For further information about Perspective click here.

E9344958   Click here to contact the authors.
 
Retirement saving incentives: what is the impact of taxes, tax credits and the pension credit?
Retirement saving incentives: what is the impact of taxes, tax credits and the pension credit?
Institute for Fiscal Studies (IFS)
6 Apr 2006 United Kingdom Welfare Reform, State Pensions, Savings, Pensioners & Retirement, Investment - General, Contracting-out, Annuities and Income Drawdown
New research by the Institute for Fiscal Studies (IFS) and jointly funded by the Department for Work and Pensions and the Economic and Social Research Council, examines what is known about how the tax and benefit system influences retirement saving decisions. The report highlights that many individuals have an incentive to accumulate private pension funds prior to retirement and that some of these individuals face very strong incentives to make their pension contributions at particular times during their working lives.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Apr 2006 or click here (this link will not work in all circumstances). For further information about Perspective click here.

4C326385    
 
Majority of IFAs advise clients to contract back in
Results of AIFA/IFA Census Survey on Contracting-out
Association of Independent Financial Advisers (AIFA)
8 Dec 2005 United Kingdom Contracting-out, Advisers
The Association of Independent Financial Advisers (AIFA) has published the results of its October AIFA/NMG IFA Census survey on contracting-out of the State Second Pension (S2P). The survey shows that the majority (81%) of IFAs have advised "at least some", "most", or "all" of their clients (39%, 31% and 11% respectively) to contract back in to S2P. However, the results also show that IFAs are divided on their willingness to provide a review for those contracted out via a personal pension, and on whether or not to advise new clients on contracting out. When IFAs are prepared to advise new clients, the survey shows that 59% give those clients a clear recommendation.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Dec 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

59314571   Click here to contact the authors.
 
Which? warns government over new billion-pound pensions scandal
Which? warns government over new billion-pound pensions scandal
Which?
17 Aug 2005 United Kingdom Welfare Reform, State Pensions, Savings, Pensioners & Retirement, Mis-selling - Personal Pensions, Investment - General, Contracting-out

An estimated 4.5 million people who contracted out of the state second pension (formerly SERPS) into a personal pension are likely to get less than they would have had they stayed in the scheme.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

56302731    
 
Contracting out of SERPS/S2P to an Appropriate Personal Pension: a quantification of relative impact
Contracting out of SERPS/S2P to an Appropriate Personal Pension: a quantification of relative impact
Financial Services Authority (FSA)
Aug 2005 United Kingdom State Pensions, Regulatory Bodies (excl. tPR), Pensioners & Retirement, Contracting-out
Research commissioned by the Financial Services Authority (FSA) and carried out by OAC plc (Oxford Actuaries and Consultants), compares, across a range of model case studies, the current estimated financial position of consumers who contracted out of the additional State Pension over various periods since 1988 with the position that they would have been in had they remained in the state scheme. The study seeks to distinguish between consumers with different age, sex, income and marital status characteristics. It then further analyses how these indicative results may vary for a range of contracting out periods, past investment returns, APP charging structures, and future economic scenarios.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

CC303594   Click here to contact the authors.
 

Results 1-15 of 18. Go to page: 1  2  
Jump to : Jul 2016  Apr 2016  Mar 2016  May 2015  Mar 2015  Jan 2015  Mar 2013  Jan 2013  Dec 2008  Nov 2006  Aug 2006  Apr 2006  Dec 2005  Aug 2005  Jul 2005  Dec 2003