The UK’s pension system has “major risks and/or shortcomings” which need to be addressed to improve its sustainability, according to the Melbourne Mercer Global Pension Index (MMGPI).
The index, which is a joint venture between Mercer and the Australian Centre for Financial Studies, assess 27 national pension systems on their adequacy, sustainability, and integrity. In the MMGPI,...
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.