Kingfisher Pension Scheme has said it is holding fire on a trivial commutation derisking drive to focus instead on data cleansing, while research shows 83 per cent of members would consider such a ...
From the blog: Most pension schemes are considering derisking and most of those are considering trivial commutation. Why? Probably because it seems like the pension scheme equivalent of decluttering – ...
Regulations issued on 7 October 2024 will change (again) the requirements for calculating whether a member may be paid a trivial commutation lump sum (TCLS). The Pensions (Abolition of Lifetime ...
The government is considering allowing members of defined benefit pension schemes access to small lump sums before the age 55, in a move that has flummoxed experts. In its green paper on the future of ...
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