Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The firm analysed the difference between funding levels of schemes with under £100m of assets and funding levels of schemes with over £5bn of assets, finding aggregate positions of just under 90% and just...
PensionBee has a market capitalisation of £365m and has set an initial public offering share price of 165p.
Professional Pensions’ Women in Pensions Awards is returning this October and now open for nominations.
The industry needs to proceed with caution when giving members’ the illusion they have voting rights on the shares in their pension scheme, PTL says.
Three industry veterans have formally launched a dedicated Professional Corporate Sole Trustee (PCST) firm in a bid to capitalise on growing demand in the area.
The Pensions Management Institute (PMI) has accredited 20 Punter Southall Governance Services (PSGS) trustees under its professional trustee accreditation programme, Aptitude.