This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Also, Guy Opperman unveiled a simplified two-page annual benefits statement, and the lifetime allowance is to grow by about £25,000 as inflation fell to 2.4%. 1) Fears grow over GMP equalisation hit...
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.
XPS Pensions Group has posted a total revenue growth of 9% in the six months to 30 September 2020, its pre-close trading update shows.