Prudential is to slash the size of its corporate defined contribution (DC) pensions business as it moves to purely online- and telephone-based services, Professional Pensions can reveal.
In plans announced yesterday (11 May), the insurer said a number of its offerings would be scrapped, with staff in its corporate pension sales distribution team more than halved from 46 to 19. In particular,...
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
Trustees must undertake a five-step process urgently if they are seeking to move their single-employer defined contribution (DC) scheme into a master trust, says Premier.
Workplace savings fintech Cushon has expanded its acquisition target to include pension-focused businesses as well as master trusts.
Auto-enrolment (AE) remained resilient during the Covid-19 pandemic and in the wake of minimum contribution increases, according to a report by Nest Insight.
Transfers to defined contribution (DC) master trusts will continue well into 2021, latest research from Sackers reveals.