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,...
Shadow chancellor John McDonnell has pledged to change the law so members’ pensions are protected during takeovers, if Labour is elected at the next general election.
The Pensions Regulator (TPR) needs a more preventative and flexible approach to protect the Pension Protection Fund (PPF), the Work and Pensions Committee (WPC) has been told.
The cost of defined benefit (DB) schemes sponsored by FTSE 100 companies could double from £7bn to £14bn per annum by 2019, according to JLT Employee Benefits.
Many trustees are wary about being seen to offer advice to members. John Stannard says they shouldn’t be.