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Savers left short-changed and bewildered by unfair annuities system
04 February 2012
Millions of private sector workers saving for their retirement are stuck with a hugely unfair and opaque annuity system which lops up to £1bn off pension incomes every year, pensions experts warned today. A joint report by the Nationa...
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Final auto-enrolment regulations and guidance on certification - NAPF comment
01 February 2012
The National Association of Pension Funds (NAPF) commented on the final auto-enrolment regulations and the guidance on certification published by the Government today (Wednesday). Richard Wilson, NAPF Senior Policy Adviser, said: “We ...
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New auto-enrolment timetable - NAPF comment
25 January 2012
The National Association of Pension Funds (NAPF) commented on the new timetable for pension auto-enrolment reforms published by the Government today (Wednesday). Joanne Segars, NAPF Chief Executive, said: “We are pleased that the Gove...
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Government plans to tackle executive pay - NAPF comment
23 January 2012
The National Association of Pension Funds (NAPF) commented on Government plans to tackle executive pay which were set out by Business Secretary Vince Cable today (Mon). Joanne Segars, NAPF Chief Executive, said: “As major institutiona...
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Government consults on GMP equalisation - NAPF comment
20 January 2012
The National Association of Pension Funds (NAPF) commented on the Department for Work and Pension’s launch today of consultation on equalising for the effect of the Guaranteed Minimum Pension. Darren Philp, NAPF Director of Policy, sa...
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Regulator tries to help pension funds cope with QE - NAPF Comment
17 January 2012
The National Association of Pension Funds (NAPF) today (Tuesday) commented on the Pensions Regulator’s plans to help trustees dealing with the valuation and recovery plan process of final salary (Defined Benefit) pensions in the curre...
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PPF Index deficit jumps to over £255bn - NAPF comment
10 January 2012
The National Association of Pension Funds (NAPF) commented on the latest Pension Protection Fund (PPF) 7800 Index. The deficit of pension funds covered by the Index is estimated to have increased over the month to £255.2 billion at th...
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Government pledges action on high boardroom pay - NAPF comment
08 January 2012
Commenting on Prime Minister David Cameron’s pledge today to empower shareholders to tackle excessive boardroom pay, David Paterson, Head of Corporate Governance, National Association of Pension Funds (NAPF), said: “Pension funds have...
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New EU Pensions law threatens UK economy and jobs
04 January 2012
Businesses would have to inject at least £300bn into their final salary (defined benefit) pensions if a new EU law goes ahead, causing knock-on damage to the UK economy and jobs market. It would also lead to the closure of more final ...
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Staff frozen out as pensions drawbridge rises
15 December 2011
The number of businesses that have closed their final salary pension to all of their staff has jumped by a third, the National Association of Pension Funds (NAPF) revealed today. Its latest Annual Survey found that almost a quarter (2...
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