Mobius Life has been chosen as fund administrator for AB's target-date funds (TDFs) as the fund manager looks to expand opportunities for its clients.
Having launched its UK flexible TDF range in 2009, AB now manages over £1.5bn for around 2700 employers across the country. While AB already uses a number of platform providers, it wanted to gain access...
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.