The consequences of auto-enrolment and the implementation of the Retail Distribution Review will significantly increase the workloads of pension professionals, a survey suggests.
Data from the Pensions Management Institute found 50% of respondents thought auto-enrolment would change the nature of their work and that 70% would need assistance to cope with upcoming implementation...
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.
XPS Pensions Group has posted a total revenue growth of 9% in the six months to 30 September 2020, its pre-close trading update shows.