The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
The Financial Conduct Authority (FCA) has set priorities for the coming year for its joint action with The Pensions Regulator (TPR), including reviewing whether pension schemes are providing sound information to consumers.
Bigger is not always better when it comes to pension consulting, last week's Pensions Buzz respondents said following Marsh & McLennan's $5.6bn acquisition of JLT.
The DWP has published its response to its consultation on the pension dashboards - asking the industry for support in the delivery. Holly Roach looks at what schemes need to do now to prepare.
Mobius Life has been appointed by River and Mercantile (R&M) as an investment-only platform and administrator for its defined contribution (DC) fiduciary management pension scheme clients.
Scottish Widows has completed two bulk annuity transactions totalling £830m, insuring benefits for the Peugeot Advanced Pension Plan and the QinetiQ Pension Scheme.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the March 2019 estimates on the various measures…
XPS Pensions Group has launched an 'EqualGMP' service for pension schemes to navigate through the process of equalising guaranteed minimum pensions (GMP).
The new tax year brings a number of changes for pensions including the long-awaited name change for the Single Financial Guidance Body (SFGB).
The Pensions and Lifetime Savings Association's (PLSA) policy board has agreed a four-year plan focusing on consolidation, adequate contributions, effective management and well-run schemes.
Many schemes are still sitting on their laurels despite the High Court judgment on equalising GMPs being handed down five months ago. Holly Roach explores how much progress has been made.
FTSE 100 companies are falling short in reporting workforce issues despite increased public scrutiny and regulatory focus on disclosure, research by the Pensions and Lifetime Savings Association (PLSA) and the High Pay Centre reveals.
HM Revenue and Customs (HMRC) has formed a working group to help schemes consider the pension tax issues arising from the guaranteed minimum pension (GMP) equalisation process.
Marsh & McLennan Companies (MMC), the parent company of Mercer, has completed the acquisition of JLT today for $5.6bn (£4.3bn).
A revised funding code for defined benefit (DB) schemes could have a £100bn impact on pension schemes and employers when published, KPMG analysis has found.
Barnett Waddingham is the latest organisation to achieve reaccreditation from the Pensions Administration Standards Association (PASA).
UTV - the Ulster-based subsidiary of ITV - is planning to close its pension scheme to future accrual in a move it says is necessary to be fair to all employees.
Collective defined contribution (CDC) savers should be allowed to access pension freedoms when the scheme is rolled out, last week's Pensions Buzz respondents said.
The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
BNY Mellon has launched a range of reporting tools to help institutional investor clients track and evaluate portfolio investments based on environmental, social and governance (ESG) issues.
West Midlands Pension Fund (WMPF) is leading a £1bn allocation to a global sustainable equity mandate, designed to invest in companies which demonstrate a forward-thinking approach to long-term sustainable business.
Accreditation will reduce the number of sole-trader professional trustees, this week's Pensions Buzz respondents say.
Pension funds are falling short in negotiation, reporting, and position monitoring when investing in private equities, Efront's first limited partner (LP) proficiency survey has revealed.