Key Person Insurance

During these challenging times, you may have considered what would happen to your business if one of your key employees were to die or become terminally or critically ill. Whilst it’s a bit of a cliché, many businesses will choose to protect their office premises, equipment, machinery and cars via insurance, but not their most… Continue reading Key Person Insurance

Rachel Meadows talks equality with Professional Pensions for International Women’s Day

Last week, Broadstone’s Head of Proposition – Pensions & Savings, Rachel Meadows spoke to Professional Pensions for International Women’s Day about the search for meaningful equality and what it can mean in the pensions and finance industry. You can read the full article here.   You may need to register with Professional Pensions to read… Continue reading Rachel Meadows talks equality with Professional Pensions for International Women’s Day

‘Take Back Control’ of defined benefit funding

Sponsors are not required to cover all conceivable pension risks and they may embrace a degree of risk when funding their defined benefit (DB) pension schemes. Indeed, The Pension Regulator’s Code of Conduct on DB Funding states that sponsors and Trustees ‘…may wish to embrace a degree of risk in seeking opportunities to capture potentially… Continue reading ‘Take Back Control’ of defined benefit funding

‘Sneaky’ pension credit announcement could impact the poorest of pensioners

With all the Brexit shenanigans currently ongoing, perhaps the Department for Work and Pensions (DWP) hoped the press and the pension industry would miss its announcement about new rules around pension credit which will come into force from the 15 May 2019. New pensioners whose partners are younger than the State Retirement Age of 65… Continue reading ‘Sneaky’ pension credit announcement could impact the poorest of pensioners

A guaranteed annuity rate or cash uplift?

Another example of why it is so important to get good advice on your defined contribution pension pot has recently been raised in the headlines. Since the new pensions freedoms were introduced in 2015 allowing people to access their pension pots with greater flexibility, the popularity of annuities has plummeted. However, and worryingly, figures from… Continue reading A guaranteed annuity rate or cash uplift?