Trustee chief executive Andrew Waring tells Michael Klimes how the Merchant Navy Officers Pension Fund managed to raise its funding level by 10% during difficult times.
At a glance Biggest threat to MNOPF’s funding has been low interest rates Funding level has risen 10% to 79% since March 2012 Attributes improvement to fiduciary management and higher hedge ratio...
The £2.3bn withdrawn flexibly from pensions in Q3 represents a 2% year-on-year decrease from monies withdrawn during the same months in 2019, HM Revenue and Customs (HMRC) figures show.
The Department for Work and Pensions’ (DWP) consultation on improving defined contribution (DC) outcomes has garnered support from the industry, but many have warned of potential unintended consequences.
The Financial Conduct Authority (FCA) has issued a data request to 65 financial advisers who advised on transfers from the Rolls-Royce defined benefit (DB) scheme.
As DC schemes face increasing pressures to consolidate, David Snowdon says master trusts are the perfect home.
Jo Myerson looks what trustees should be considering if their sponsor decides to temporarily shut its doors.