Master trust providers have called on The Pensions Regulator (TPR) to overhaul its general levy - claiming the way it is calculated is unfair and undermines schemes for lower-paid workers.
Currently, the regulator levies a charge of 86p per member for trust based schemes with over 10,000 members - as compared to a levy of just 35p per member for group personal pension schemes. B&CE director...
Newton’s Catherine Doyle considers key lessons for DC investors from the pandemic
Three-quarters of pension scheme members want guidance before drawing down on their pension pot, according to a survey from The People’s Pension.
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Trustees must undertake a five-step process urgently if they are seeking to move their single-employer defined contribution (DC) scheme into a master trust, says Premier.
Workplace savings fintech Cushon has expanded its acquisition target to include pension-focused businesses as well as master trusts.