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.
By Madhu Kalia
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.