Disasters happen, but the consequences can be huge. Pádraig Floyd looks at what trustees and employers can do to ensure the master trust they have selected can withstand a crisis
It's good to know when things go wrong that someone has your back. That is as true in running a pension scheme as it is in everyday life. Generally, we rely upon the 'tried and tested' formulae provided...
Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.
This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.