Schroder Pensions has won its first stakeholder contract from transport company P&O and UK engineering firm Caparo.
The wins follow the launch of Schroder corporate stakeholder pension scheme in January.
In addition, the firm has also bagged about 15 comprehensive defined contribution schemes since embarking on a DC service for the corporate pensions marketplace six months ago. These include the plan for residential and day services provider MacIntyre Care.
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Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.
The Association of Consulting Actuaries (ACA) and Royal London have proposed a "pensions pound" to "radically simplify" defined benefit (DB) pensions rights.