An SPP paper explaining what salary sacrifice for pensions is, why it matters, how it is used and by whom, and what the implications would be if government were to impose restrictions or abolish this longstanding arrangement.
Tags: legislation, NICs, payroll, pension, Pensions, salary sacrifice, Tax,
This Diversity, Equity & Inclusion paper features the thoughts of Stonewall Chief Executive Simon Blake and SPP member Savannah Adeniyan in relation to the issue of LGBTQ+ in the pensions and wider business worlds.
The Diversity, Equity & Inclusion paper features the thoughts of Tabitha Morton, Executive Director, UN Women UK and Sophia Singleton, President of the SPP in relation to the issue of gender in the pensions and wider business worlds.
In the fourth of its Inclusive Futures collection of articles, this SPP paper features the thoughts of Jabeer Butt OBE, Chief Executive of the Race Equality Foundation and Shayala McRae who is Chair of the SPP Legislation Committee, and deputy Chair of SPP’s EDI Committee.
This SPP paper explores the case for policies that will enable collective schemes, including DB and CDC, to thrive in the decades to come.
This SPP paper examines issues relating to disability in the pensions industry, featuring the thoughts of Kamran Mallick, Chief Executive of Disability Rights UK and SPP member Charlotte Feld, Consultant Lawyer, Travers Smith.
Tags: DEI, Disability, diversity, EDI, inclusion, Inclusive Futures, pension, Pensions, SPP,
An insight into social mobility in the pensions and wider business world from the Society of Pension Professionals, featuring Sarah Atkinson, Chief Executive of the Social Mobility Foundation and Ian McQuade, Chief Executive of Muse Advisory.
The Diversity, Equity & Inclusion paper seeks to shine a light on neurodiversity in the pensions industry and features two articles detailing the thoughts of both Lynn Wassell, Chief Executive of national neurodiversity charity, The Donaldson Trust and Niraj Shah, Investment Analyst at LCP and a member of the SPP.
Tags: DEI, EDI, inclusion, Inclusive Futures, neurodiversity, pension, Pensions, SPP,
This SPP paper identifies what the Pensions Commission, recently revived to consider the question of pensions adequacy, should consider and why.
This includes defining “adequate”; identifying the under pensioned; better understanding the trade-off between adequate living and adequate saving; and improving public trust in and awareness of state provision. The paper also explores how disenfranchised groups could be better supported and calls for a long-term plan for increasing auto-enrolment contribution rates.
Tags: adequacy, investment, pension, pension gaps, Pensions, pensions commission, retirement, Saving, SPP,
This SPP Paper is a response to government plans to introduce a power in the Pension Schemes Bill that will allow them to dictate how pension funds invest by requiring a prescribed percentage of investment in UK productive assets.
Tags: compulsion, investment, mandation, Pensions, productive assets, productive finance, UK,
Although there have been many developments in the risk transfer process in recent years, there’s more that could be done in terms of both efficiency and effectiveness.
With this in mind, the SPP has published an insightful paper on how best to shape the future of the risk transfer process - “Less friction, better transfers: creating a more agile risk transfer process.”
Tags: Pensions, Risk transfer, transfer process; DB,
This informational paper examines the impact on UK pensions of Donald Trump’s recently announced plans to introduce new import taxes on goods from almost every country.
Many who are saving in a UK pension, and those already in receipt of a UK pension, are likely to ask how such events may affect them. This SPP paper utilises the diverse expertise of its membership for the public good and highlights that reactive changes to pensions and other savings are generally not ideal compared with keeping a cool head and planning carefully.
Tags: DB, DC, investment, UK pension schemes,