UK - Prudential has outsourced the management of its entire small self-administered scheme (SSAS) portfolio to James Hay Pension Trustees.
James Hay will provide full actuarial and administration services to more than 520 schemes for Prudential, and has set up a dedicated team at its Bolton administration centre.
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
UK defined benefit (DB) schemes have increasingly undertaken benefit reviews over the last four years resulting in an acceleration of scheme closures, Aon research finds.
Contributions are no longer sufficient to meet regular payments for three-quarters of small- to medium- sized defined benefit (DB) schemes, Buck analysis finds.