Over 20 million pension records have been connected to the architecture
Andrew Bailey has said he does not support mandation, with the industry suggesting this will be ‘unwelcome’ at the DWP
Hymans said administering authorities are already delivering other time-sensitive changes
Schemes and insurers providing more digital tools, financial advice and benefit flexibilities
Supports ambition to invest at least 10% of its default fund in private market assets
Measures in the bill will lay the foundation for the upcoming Pensions Review
Both the fully hedged and half hedged schemes saw improvements in funding
Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’
Service will enable digital pension tracing and consolidation across firm’s workplace propositions
Firm said it will help schemes establish plan for run-on as they face ‘constantly shifting regulatory landscape’