The Merchant Navy Officers' Pension Fund (MNOPF) is set to launch an industry-wide defined contribution (DC) scheme for officers and ratings in the Merchant Navy.
The fund, which will be called the Ensign Retirement Plan will replace the Merchant Navy Officers' Pension Plan (MNOPP) which was set up when the MNOPF closed to new members in 1996. MNOPF chief executive...
Legal & General has been providing strong value for money to the members of its workplace pension business, according to its Independent Governance Committee (IGC).
B&CE, the provider of The People’s Pension, has furloughed just under a quarter of its members of staff in response to pressures from the Covid-19 crisis.
Retirees looking to access additional income from their defined benefit (DB) scheme during the Covid-19 crisis will be victims of a “capacity crunch” as suitable financial advisers flee the market, according to Barnett Waddingham.
Smarterly, a FinTech business focussed on workplace savings, has acquired Salvus Master Trust for an undisclosed sum.
Newton’s Catherine Gill assesses sustainable investment choices for DC schemes