More than four out of five pension schemes globally plan to bring more asset management responsibilities in-house, according to research.
Some 81% of schemes intend to take a more "proactive" approach to managing their assets over the next three years, found the study of more than 100 pension fund executives by State Street Corporation....
The Pensions Regulator (TPR) has banned two trustees after they lost over £15m of members' funds in unregulated investments.
Clarity over the controversial money purchase annual allowance is needed after it was removed from the Finance Bill, according to Pensions Buzz respondents.
Frank Field is pressing Sir Philip Green to publish undisclosed details about the settlement he reached with The Pensions Regulator (TPR) on British Home Stores (BHS) at the end of February.
The Department of Work and Pensions (DWP) will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.