Private sector defined benefit (DB) schemes have seen a significant increase in running costs per member since 2015, according to the Pensions and Lifetime Savings Association's annual survey.
In just a year, the mean cost has risen by 37% from £400 to £546 per member, driven by higher fund management and custody expenses which increased 32% since 2015. The survey conducted between 6 June...
The Consumer Price Index (CPI) rose to 1.6% in December on the back of falls in sterling following the Brexit vote, its highest level in two years.
This week we want to know what is the hardest type of pension fraud to stop and what action would best tackle it.
Punter Southall has promoted Guy Plater, Martin Hunter and Mark Poyner to principal after demand for its actuarial and investment consulting grew.
Zurich has completed a £300m longevity hedge swap with an undisclosed pension scheme of a small firm, marking its fifth such deal in 13 months.