Tesco has appointed Legal & General as its defined contribution (DC) bundled pension provider.
The master trust DC scheme went live in November in 2015, to all Tesco employees. So far over 200,000 employees have been enrolled into the Tesco Retirement Savings Plan. Legal & General Investment...
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
The government-backed Star Initiative has reached 50 signatories, surpassing its initial target of 30. Holly Roach looks at the project’s progress.
Smart Pension and Australian administrator Link Group have entered a strategic global partnership to take their “combined expertise” into new markets in the UK and globally.
Cost savings of up to 20% could be made by pension schemes if they move to a defined contribution (DC) master trust, according to Hymans Robertson analysis.