Dividend cover dives into dangerous waters
Payout ratios in the UK continue to steadfastly drop, but a sunnier future may be on the horizon
DWP to consider future of DB pensions in white paper
The DWP will publish a white paper looking at the future of DB pensions.
Lord: Cashflow models do not need to confuse DB transfer clients
Prestwood has said its cashflow modelling tools are up to the job of helping plan DB transfers despite FCA concerns about the risk of confusing clients.
How advisers have turned retirement asset allocation on its head
Increased life-expectancy, greater pensions flexibility, and the need to keep working into older age: the retirement world has moved on from when the Beatles were in their prime.
How the FCA’s new DB transfer valuation works
New system means the critical yield will no longer be ‘front and centre’ in the DB transfer advice process.
PI insurers weigh options as FCA acts on DB transfer advice
As the regulator steps up its bid to tackle unsuitable DB transfer advice, PI insurers have warned of rising premiums, or even pulling out of the market altogether, amid fears of a mis-selling saga.
Webb warns FCA of 'over-regulating' DB transfer advice
Royal London director of policy and former pensions minister Steve Webb has warned the Financial Conduct Authority (FCA) against 'over-regulating' the DB transfer advice market.
Typical DB transfer values larger than average UK house price
The volume of transfers out of final salary pensions has increased by over 50% in the last year, with the most common valued at more than the average UK house price.
DB 'lottery winners' need more help says Standard Life
The influx of defined benefit (DB) transfers has created a cohort of 'lottery winners', according to Standard Life's head of pensions strategy Jamie Jenkins.
New UK equity income hurdles may create stumbling blocks
The Investment Association’s decision to align the yield target of the sector with the FTSE All-Share creates flexibility at the cost of possible dividend cuts and a new returns profile.