Tag Archives: pension

Why are some people cashing in final salary pension schemes?

In recent years final salary pension schemes have been phased out by employers because people are living for longer and the uncrystallised liabilities are wreaking havoc with corporate balance sheets. Robert Blumberger explains why this is happening and sounds a cautionary note for those attracted to the idea of transferring.

What’s happening in the Pension Master Trust market?

Ascot Lloyd recently announced its decision to exit the Master Trust market and it’s not alone. According to figures released by The Pensions Regulator, 38 Master Trusts have applied for authorisation from the 90 it was monitoring earlier this year – a significant drop in providers. TPR now requires all master trusts in operation before [...]