FCA proposed no changes to initiative but said the industry must do more to support savers
Call for evidence suggests TPR should be required to keep a full register of all trustees
Surpluses rose in June to £437bn and schemes in deficit saw lowest ever shortfall
PP poll finds 87% of the industry is either very or somewhat confident in sponsor strength
Contributions will be cut from £78m to £36m in 2023/24 and £50m in 2024/25
TPR’s Jenny Paul says the VfM framework is not just a government ‘tick-box’ exercise
Aggregate surplus of UK schemes fell over June to £131bn, down from £140bn in May
Partnership aims to help deliver enhanced customer experience outcomes to members
Consultancy suggests six key changes are needed in order to fuel UK economic growth
Russell Investments will manage the sustainable global active equity sub-fund