Bob Scott sets out how scheme design can pass the test of time
Schemes will find out in seven days whether they will be able to extend their exemption to centrally clearing over the counter (OTC) derivatives.
Trustees have been warned of the risk of litigation involved in transferring members to schemes that offer drawdown.
Yesterday's ruling that two schemes sponsored by Arcadia can switch to consumer prices index (CPI) linking will make it harder for other trustees to resist such a change, warns a lawyer.
The Pensions Regulator used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.
UK pension funds' tendency to herd in the same asset classes could lead to volatility in asset price or economic cycles which could be detrimental for the whole economy, according to a research paper from the Bank of England.
A High Court judge has upheld the right of schemes to use the consumer prices index (CPI) as the inflation measure for increasing deferred pensions and pensions in payment.
All schemes with mixed charge structures or fees in excess of 0.75% will be included in the audit of legacy defined contribution (DC) schemes launched earlier this year.
Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.