Membership of occupational pension scheme membership has risen to a record high of 45.6 million people as of the end of last year, according to the Office for National Statistics (ONS).
In its 2018 Occupational Pension Schemes Survey - published today (20 June) - the ONS also revealed active membership has risen to 17.3 million people, another record high for the data series. Average...
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
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.