Steve Webb has quashed speculation the Treasury could stop up rating pensions with price inflation and replace it with a lower figure next year to save money.
The pensions minister, speaking at the annual TUC Trustee Conference on Tuesday, said he would be "astonished" if the Treasury decided to ditch the "triple lock" guarantee and use a lower figure than Consumer...
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.