The data behind the pensions dashboard must be secure, transparent, and comprehensive enough to gain the trust of savers, the industry has said.
Norfolk County Council has appointed three firms to manage the administration and software provisions for its pension scheme.
This week’s top stories include the Universities Superannuation Scheme’s announcement of a delay to its valuation for 2020, while the government consulted on a proposal to force the largest schemes to publish their climate risk disclosures.
Three quarters of pension schemes believe they will be ready to join the pensions dashboard if they have two years to prepare, the Pensions and Lifetime Savings Association (PLSA) finds.
The defined contribution (DC) savings of young savers recovered most of their first quarter losses in the following three months, Isio has found.
The collapse of several long-established employers with large defined benefit (DB) schemes could vastly overtake calculations for a £20bn hit to the Pension Protection Fund (PPF), warns Lane Clark & Peacock (LCP).
While the Covid-19 crisis has made savers realise pensions are important, having immediate access to their funds is now equally important, says Cushon.
Formerly UK-centric Smart will launch in three new territories next year as part of an expansion following the close of its most recent funding round.
Complaints filed with ActionFraud show a total of £30.8m has been lost to pension scammers in the last three years, say The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA).
SEI is set to expand its enhanced chief investment officer (ECIO) offering to corporate defined benefit (DB) schemes in the UK.