The Financial Conduct Authority (FCA) has fined an individual compliance oversight officer £75,000 for "failing to exercise due skill, care and diligence" with regard to pension transfers in his role at two firms.
Transfers out of defined benefit schemes have increased substantially over the past year. Charlotte Moore looks at the challenges this is posing for schemes
The Department for Work and Pensions (DWP) will publish a white paper on the future of defined benefit (DB) schemes this winter, which will cover consolidation and extra powers for the regulator.
The aggregate deficit of 5794 schemes in the Pension Protection Fund's (PPF) 7800 Index is estimated to have decreased to £186.2bn by the end of June.
Michael Klimes explores how mentoring programmes can help create more diverse trustee boards
The debate over consolidation often cites regulatory hurdles, but perhaps trustees are the biggest issue, James Phillips writes
Despite a challenging year, the lifeboat fund has weathered the storm with strong returns and an improved funding level. Stephanie Baxter analyses its annual report
Hilary Salt says there should be room for professional judgement, otherwise there is herding around similar answers
Volatile gilt yields saw the estimated average defined benefit (DB) to defined contribution (DC) transfer value fall by £9,000 over June, Xafinity has said.
Cashflow matching has become a much talked about topic as many closed DB schemes are about to turn cashflow negative. This requires a new approach for managing risks in what effectively has become the end game.