The fallout from the British Home Stores (BHS) saga and the government's forthcoming crackdown on scams will be some of the biggest topics in pensions next year.
For defined benefit (DB) pensions the primary issue will be whether The Pensions Regulator and trustees are given extra powers to prevent another pensions crisis. In defined contribution (DC) plans,...
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.