Defined benefit (DB) schemes should provide more comprehensive information when calculating cash equivalent transfer values (CETVs) to reduce delays, according to Rathmore Financial and Royal London.
Currently, savers receive a CETV from their scheme and then have a three-month window to gain additional information and advice for a transfer analysis. However, delays in this process can mean savers...
The Local Government Pension Scheme (LGPS) has gone live with a cost transparency compliance system and has on-boarded all UK schemes onto the platform.
Against a Covid-19 backdrop of deteriorating funding positions and reduced ability to pay DRCs, Alistair Russell-Smith looks at key actions for scheme sponsors.
Universities Superannuation Scheme (USS) has said it will go ahead with its 31 March valuation despite significant falls in asset values over the past month.
The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.
Millions of public sector workers will be able to choose whether their pension provision should be accrued under legacy or reformed schemes under government plans announced yesterday.