The fiduciary management market has grown by 40% over 2012 in terms of assets under management, according to accountancy giant KPMG.
This, it says, is the equivalent of 2.4% of total pension scheme AUM across 174 scheme mandates. Gradually, schemes are moving towards full delegation, but this does not mean relinquishing all decision-making,...
The government is looking for a new administrator to service the Royal Mail Statutory Pension (RMSPS) Scheme, the UK's sixth largest public sector pension fund.
A government proposal to limit the right to transfer pension funds amid increasing scam activity has been welcomed by the industry.
Airways Pension Scheme (APS) trustees did not have the authority to make an amendment to the scheme rules, a lawyer for British Airways (BA) has told the High Court.
The government has launched a consultation on banning pensions cold calling and limiting the right to transfer after a rise in scams since the pension freedoms.