UK - Kas Bank has won a custody mandate with the £105m Brunner Mond Pension Fund.
The soda ash producer has briefed Kas to provide a full range of core services, with the possibility of using the custodian’s performance measurement services in the future.
William M Mercer advises the scheme.
By Alistair Graham
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.