While supporting the fundamental objective of putting the General Levy on a sustainable footing and ensuring regulatory bodies are properly resourced, our consultation response urges the Government to provide a clear, evidence-based justification for these “disproportionate” rises.
Categories: Consultations & Formal Responses, Consultations & Publications,
Tags: General Levy, pension, Pension Schemes, Pensions, Pensions Industry, Review,
This SPP paper highlights a critical structural mismatch in the UK economy - UK retirees currently hold an estimated £3.84 trillion in housing wealth, yet face an aggregate annual retirement income deficit exceeding £48 billion.
Fragmented advice, separate regulatory regimes, and tax barriers like stamp duty prevent people from making holistic decisions about their wealth.
Categories: Guides and Reports,
Tags: Housing, Investments, Pensions, Property, retirement, Savings, Wealth,
This SPP consultation response calls for family law reforms to protect pension rights in divorce and cohabitation.
Categories: Consultations & Formal Responses, Consultations & Publications,
Tags: Cohabitation, Divorce, family, pension, Pensions, Relationships,
This paper synthesises insights from a major industry roundtable of leading actuaries, trustees, legal advisers, investment managers, and covenant specialists, facilitated by the SPP.
The paper challenges traditional industry momentum by examining how improved funding positions, a £160 billion aggregate surplus across UK DB schemes, and new alternatives such as superfunds and capital run-on strategies have transformed the endgame landscape.
Categories: Guides and Reports,
Tags: Buy-out, covenant, Endgame, Insurance, pension, Pensions, Risk transfer, Run-on, Superfunds,
This is a comprehensive practical framework to guide pension scheme trustees, advisers, and administrators through responsible AI leadership.
Categories: Guides and Reports,
Tags: Administrators, Advisers, AI, Artificial Intelligence, Consultants, Digital, Framework, Guide, Leadership, pension, Pensions, trustees,
SPP welcomes plans for simpler pension transfers but warns they are
unlikely to work as intended in practice and so suggests a range of practical solutions.
Categories: Consultations & Formal Responses, Consultations & Publications,
Tags: legislation, pension, Pension Transfers, Pensions, Transfers,