This week's top stories included IC Select's launch of a fiduciary management performance standard, and the High Court ruling that trustees can recover pension overpayments without a time limit.
Also, Royal Bank of Scotland (RBS) agreed to pay £3.5bn to its main defined benefit (DB) pension scheme, and research found young retirees significantly underestimating their life expectancy.
A ground-breaking disclosure standard to help trustees compare fiduciary managers in the selection process has been unveiled, putting an end to three years of talks.
The High Court has ruled that there is no statutory limitation period in which to recover pension overpayments under a DB scheme, as long as this is by adjusting future payments.
RBS has signed an agreement to inject up to £3.5bn into its main DB pension scheme in preparation for ring-fencing legislation.
Soon-to-be and recent retirees significantly underestimate their longevity, expecting a lower chance of survival to old age compared to official estimates, according to the Institute for Fiscal Studies.
Liability-driven investment's dominance as a trend in UK DB pension scheme investment will come to an end by 2021, according to research.
In this week's Pensions Buzz, we want to know whether you support the ruling that defined benefit (DB) trustees must equalise GMPs in past transfers.
This week’s top stories included the rejection of an automatic guidance amendment in the Pension Schemes Bill, while The Pensions Regulator posted a sharp increase in the use of its powers.
The majority of the pensions industry agrees an eventual net-zero target should not be mandated for schemes as part of the Pension Schemes Bill, according to a Professional Pensions poll.
Local Pension Partnership Administration (LPPA) has become the latest organisation to join the Pension Scams Industry Group (PSIG) forum.
Two-thirds of UK fund managers are reducing investments in companies that fail on diversity and inclusion scores, according to a survey by Edelman.