The typical member of a large defined contribution scheme will amass a retirement pot 28% bigger than a saver in a small scheme making the same contributions, the NAPF says.
Chief executive Joanne Segars said there were now around 100,000 contract-based and 46,000 trust-based occupational schemes in the UK - noting, while small schemes could be good, they were also more likely...
Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.
The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry