Standard Life manages the administration of the Defined Contribution (DC) Section of the Telefónica UK Pension Plan. You may have heard how Standard Life recently announced how they intend to form a partnership with the ‘Phoenix Group’. Standard Life provided this communication to help… Read more »
Telefónica UK Pension Plan announced as a top 50 DC Scheme Pensions Insight recently announced how the Telefónica UK Pension Plan has re-gained its position as a ‘Top 50 UK DC scheme’. A position in the top 50 schemes are awarded to those who have “stepped… Read more »
Update - Auto-enrolment levels will automatically increase in April 2019 Auto-enrolment is a Government led initiative where employers are required to automatically enrol employees into a Pension Plan. There are minimum contributions that have to be made by the employee and employer which must automatically… Read more »
We’re pleased to announce the Telefónica UK Pension Plan has successfully passed the assessment for the 'PQM Plus' standard for 2017, an upgrade from the Standard Pension Quality Mark the scheme achieved in 2016. The Pension Quality Mark (PQM) is the highest standard of excellence available to… Read more »
Spring Budget The March Spring Budget was a quieter budget for pensions compared with recent years. The Chancellor announced a few key measures in relation to pension schemes. This included: Money Purchase Annual Allowance reduction This only applies to those members who have ‘flexibly… Read more »