The Pensions Administration Standards Association (PASA) has launched guidance on defined benefit (DB) transfers to help give members better flexibility while retaining their pension benefits.
This year's survey reveals how schemes assess the efficiency of TPAs and ranks the key providers. Holly Roach reports
HM Revenue and Customs' (HMRC) guaranteed minimum pension (GMP) equalisation working group has revealed the guidance needed to avoid potential tax consequences will not be updated before the autumn.
Now Pensions chief executive (CEO) Troy Clutterbuck has stepped down from the role with immediate effect.
Younger voices on trustee boards are becoming increasingly required - and important - to "reflect and respond to savers' needs", according to the Pensions and Lifetime Savings Association's (PLSA) Caroline Escott.
Lane Clark and Peacock (LCP) has predicted the total volume of buy-ins and buyouts will surpass £15bn in the first half of this year, more than double 2018 H1 volumes.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
The West Yorkshire Pension Fund (WYPF) has extended its 16-year partnership with Linedata, selecting the firm to lead its digital and back-office transformation programme.
The industry-wide GMP equalisation group has created five sub-committees to each work on a key component of the guidance. Holly Roach reports
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.