Governance and Best Practice in Workplace Pension Provision - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governance and Best Practice in Workplace Pension Provision write by Great Britain: Parliament: House of Commons: Work and Pensions Committee. This book was released on 2013-02-12. Governance and Best Practice in Workplace Pension Provision available in PDF, EPUB and Kindle.
Improving Governance and Best Practice in Workplace Pensions
Improving Governance and Best Practice in Workplace Pensions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Improving Governance and Best Practice in Workplace Pensions write by Great Britain: Parliament: House of Commons: Work and Pensions Committee. This book was released on 2013-04-25. Improving Governance and Best Practice in Workplace Pensions available in PDF, EPUB and Kindle. The introduction of auto-enrolment makes rigorous pension scheme governance essential. This Report calls on the Government to reassess the case for establishing one body with sole responsibility for regulating workplace pensions. There are concerns over current gaps in regulation and the potential for further gaps to arise as a result of now having three regulators, the Pensions Regulator; and the new Financial Conduct Authority and Prudential Regulation Authority, set up to replace the FSA. The Report argues that a single regulator is necessary to ensure that all members of workplace pension schemes are adequately and consistently protected. It also highlights that deferred-member charges and member-borne consultancy charges have the potential to cause serious consumer detriment. It recommends that both are banned by the Government, if significant progress is not made in the very near future by the industry towards ending them. There is particular concern about member-borne consultancy charges and those charges applied to deferred members - people who stop contributing to their pension scheme. The trend towards lower pension scheme charges is welcome. However, a good average is not sufficient and there is potential for consumer detriment in schemes that persist in retaining high charges. The Government should also regularly review its policy on capping charges for auto-enrolment schemes. Consumers are also continuing to lose out when they buy annuities because pension providers are not doing enough to ensure people are aware that they can shop around for the best annuity rate rather than being obliged to buy an annuity from their pension provider.
The Role of the State in Pension Provision: Employer, Regulator, Provider
The Role of the State in Pension Provision: Employer, Regulator, Provider - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Role of the State in Pension Provision: Employer, Regulator, Provider write by Gerard Hughes. This book was released on 2013-03-09. The Role of the State in Pension Provision: Employer, Regulator, Provider available in PDF, EPUB and Kindle. This book deals with the role of the State in pension provision as an employer, regulator and provider. Part I deals with problems and reforms of public sector pension systems in OECD countries. The countries covered are Denmark, Finland, Germany, The Netherlands, Norway, and the USA. Part II considers the regulation of occupational pension schemes in The Netherlands and the United Kingdom, and whether there is still a role for the State in providing earnings-related pensions in the United Kingdom. Part III presents demographic projections for the next half-century, using Ireland as an example, looks at some of the options which have been used in Finland, and proposed in the United States, to cope with population ageing, and examines issues of intergenerational equity which are posed by these options. All the chapters deal with recent reforms. The chapters are written by acknowledged experts in their field who are independent of both the pensions industry and Government. Hence the chapters provide an informed critical account of current developments in relation to the reform of occupational pension schemes in the public sector and of the debate about the State's role as a regulator of private pension schemes and a provider of pensions based on the social insurance principal. The book is important as a source of information about pension schemes in OECD countries. It shows that there is not a unique model of occupational pension provision for public sector employees and that the pension benefits which are provided in different countries are quite variable. It also shows that public sector occupational pension systems have changed and are in the process of considerable further change in a number of OECD countries.
Good Governance for Pension Schemes
Good Governance for Pension Schemes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Good Governance for Pension Schemes write by Paul Thornton. This book was released on 2011-07-14. Good Governance for Pension Schemes available in PDF, EPUB and Kindle. Regulatory and market developments have transformed the way in which UK private sector pension schemes operate. This has increased demands on trustees and advisors and the trusteeship governance model must evolve in order to remain fit for purpose. This volume brings together leading practitioners to provide an overview of what today constitutes good governance for pension schemes, from both a legal and a practical perspective. It provides the reader with an appreciation of the distinctive characteristics of UK occupational pension schemes, how they sit within the capital markets and their social and fiduciary responsibilities. Providing a holistic analysis of pension risk, both from the trustee and the corporate perspective, the essays cover the crucial role of the employer covenant, financing and investment risk, developments in longevity risk hedging and insurance de-risking, and best practice scheme administration.
Improving Governance and Best Practice in Workplace Pensions
Improving Governance and Best Practice in Workplace Pensions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Improving Governance and Best Practice in Workplace Pensions write by Great Britain. Parliament. House of Commons. Work and Pensions Committee. This book was released on 2013-06-28. Improving Governance and Best Practice in Workplace Pensions available in PDF, EPUB and Kindle. Government response to HC 768-I, session 2012-13 (ISBN 9780215056979)
