UK - The Pension Protection Fund will model its statement of investment principles on three schemes.
Pensions minister Baroness Hollis says models would be the Universities’ Superannuation Scheme, BP Pension Scheme and the Local Government Pension Scheme.
She said the USS SIP laid down clearly what proportion of its investments and assets it expected to be held in UK equities, overseas equities, fixed interest and property, as well as the degree of deviation from the plan.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.