In this week's Pensions Buzz we want to know if you think the British Steel Pension case shows a need for reform of the pension freedoms.
Also, following ‘Fat Cat Thursday' research which showed a CEO makes the same as an employee earns on average annually by 4 January, should trustees quiz fund managers on CEO pay voting? Do schemes...
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Sole trustees will be expected to assess whether to report to The Pensions Regulator (TPR) if they are removed, or resign, from an appointment because of sponsor’s actions.
Overall mortality remains in line with pre-coronavirus trends despite a recent increase in Covid-19 related deaths, according to the Continuous Mortality Investigation (CMI).
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.