Government plans to create DC ‘megafunds’ to tackle ‘fragmented pensions landscape’
TPR will use risk notices if it has concerns a CDC scheme may breach authorisation criteria
Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities
Utmost’s ‘thoughtful entry’ into the BPA market ensured a ‘streamlined process’
Pool also revealed it is working on private equity and private debt mandates
DB schemes with actuarial valuation dates on or after 22 September should use the code
Comes after the FCA published its regulatory framework for dashboard service firms
The FCA has shared its regulatory framework for pensions dashboards service firms
The company joins over 70 other PASA corporate members
Bulk purchase annuity worth £250m and secure the benefits of 2,200 scheme members