Pension freedoms have prompted over 200,000 people to transfer from a DB to a DC scheme

Former owner is accused of illegally investing money into the business

But due to a rise in the scheme liabilities, deficit contributions will increase by 5.5% per year

Transfer values rose sharply during July, while transfer activity dipped slightly over the month

Research revealed charges have a measurable and material impact on members’ retirement income

The pool has completed the restructuring of its Emerging Markets Equity Fund

DB schemes could save 30% by adopting a bespoke approach and ‘not following the herd’

This takes its total committed assets to £195m, edging closer to its £300m targeted offering

The firm’s income for the 2020/21 financial year was £142.1m while profits also increased

While the firm saw adjusted operating profit of £90m, this was offset by its £87m pre-tax loss