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Author profile

Sebastian Cheek

Articles by Sebastian Cheek

Investment

DWP issues default pension fund guidance

The Department for Work and Pensions (DWP) has issued non-regulatory guidance on offering a default fund for auto-enrolment defined contribution schemes.

clock 24 May 2011 •

uncategorised

Cut tax relief for 60% state pension boost: Johnson

Michael Johnson has reignited calls for limiting pensions tax relief, saying the annual £29bn saved by the Treasury from tax relief could increase the state pension by 60%.

clock 20 May 2011 •

Regulation

Standard Life suspends former corporate MD

Standard Life's former managing director of corporate, Gerry O'Neill, has been suspended from his role at the firm.

clock 17 May 2011 •

Regulation

Draft auto-enrolment guidance ignores salary sacrifice

Draft guidance on auto-enrolment certification does not clarify nuances around salary sacrifice and opt-out inducements, leaving some employees in a "netherworld", a lawyer said.

clock 13 May 2011 •

Regulation

Pru wins High Court battle over pension increases

Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.

clock 14 April 2011 •

Investment

Providers welcome FSA's non-prescriptive charging guidance

Providers have welcomed the FSA's Consultancy Charging Working Group's review, but emphasise the need for the resulting guidance to be non-prescriptive.

clock 22 March 2011 •

uncategorised

Fidelity sees no demand for full corporate wrap

Fidelity does not currently see market demand for a full corporate wrap to incorporate wider workplace savings vehicles other than ISAs and SIPPs.

clock 23 February 2011 •

Pensions

Prudential DB members take to High Court

Members of Prudential's defined benefit scheme had their challenge over the legality of discretionary benefit increases to the High Court heard in the past few weeks.

clock 17 February 2011 •

Employee Benefits

Mercer teams up with Standard Life, Friends Provident and Zurich to launch corporate wrap platform

Mercer has signed up three of the UK's biggest corporate benefit providers to launch a corporate wrap platform.

clock 09 February 2011 •

uncategorised

ATP to establish alternative to NEST

Danish pension fund ATP is set to launch an alternative to the National Employment Savings Trust, with the help of former Conservative pensions spokesman Nigel Waterson.

clock 02 February 2011 •
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