Latest News

HMRC buys more time on EU VAT issue

HM Revenue & Customs has delayed its guidance on alternative solutions for employers seeking to recover value added tax on defined benefit pension administration costs, prompting speculation that a decision will not ...

Ensuring standards for professional trustees

It is an unfortunate fact that pensions often only become a front-page story when something has gone horribly wrong. Recent examples show once again the pain of corporate failure has been exacerbated by a defined ...

Employers clear: nine out of ten say trustees must hold a professional qualification, reveals PMI research

According to new research from the Pensions Management Institute (‘PMI’), professional qualifications for trustees are absolutely crucial, with nine out of ten respondents* stating that they need to hold a relevant ...

PMI Annual Conference 2016: ‘We are in the middle of a pensions and retirement revolution’, says Baroness Ros Altmann

Speaking at the PMI annual conference hosted in London yesterday, attended by over 160 industry professionals, the Pensions Minister Baroness Ros Altmann told delegates that the UK is in the middle of a pensions and ...

Decline in number of DB professionals slower than predicted five years ago, reveals PMI research

According to new research from The Pensions Management Institute (PMI), the number of individuals working in defined benefit (DB) focused roles has fallen by only 4% to 37% over the past five years, significantly less ...