Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.
The West Yorkshire Pension Fund (WYPF) has extended its 16-year partnership with Linedata, selecting the firm to lead its digital and back-office transformation programme.
The industry-wide GMP equalisation group has created five sub-committees to each work on a key component of the guidance. Holly Roach reports
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.
RiskFirst and Insight Investment have partnered to provide improved fund modelling and analytics to the defined benefit (DB) pension schemes market.
This week's Pensions Buzz respondents were split on whether more schemes should follow NEST's decision to divest from tobacco.
UK defined benefit (DB) schemes have increasingly undertaken benefit reviews over the last four years resulting in an acceleration of scheme closures, Aon research finds.
KAS Bank has launched an end-to-end cost transparency solution for defined contribution (DC) schemes to assist in the delivery of chair's statements.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).
This week's Pensions Buzz respondents agreed the Pension Protection Fund (PPF) is sometimes right to vote against company voluntary agreement (CVA) proposals.
The Living Wage Foundation has launched a campaign to tackle work insecurity after research found one in six workers are in low-paid, unstable work.
John Govett has resigned from his role of chief executive (CEO) at the Money and Pensions Service (MAPS), due to an impending family relocation.
Defined benefit (DB) schemes are facing fresh challenges around dividends and de-risking as they reach fully-funded status, according to Aon.
The Association of Consulting Actuaries (ACA) has thrown support behind proposals to allow first-time buyers to use part of their pension pot as a deposit for a home.
ReAssure Group has revealed its intention to publish a registration document and its potential intention to float on the London Stock Exchange (LSE).
Workplace pensions look more like individual savings pots as too much risk is loaded onto members, Institute for Fiscal Studies (IFS) director Paul Johnson warns.
Coventry Building Society has transferred its £220m defined benefit (DB) scheme to TPT Retirement Solutions' DB master trust.
Trustee boards are not focusing enough on data issues despite the bad effect poor data can have on members, according to a PMI roundtable in May. Holly Roach reports
De La Rue's defined benefit (DB) pension scheme gained £80.5m after swapping the index used to revalue benefits, but lost £0.5m to rectify discrepancies identified in the scheme's rules.
Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.
Sackers has set out key areas for trustees to focus on and keep high up on their agendas after the General Data Protection Regulation (GDPR) was introduced last year.
Northern LGPS has appointed Councillor Gerald Cooney as chairman, replacing Paul Doughty who has held the role on an interim basis since January.
Stagecoach has launched action against the Department for Transport (DfT), claiming it breached its statutory duties in connection with the West Coast Partnership railways franchise when disqualifying the firm over pension funding issues.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.