FTSE 100 employer contributions to defined contribution (DC) schemes have increased from an average of 6.4% in 2018 to 7.1% this year, according to Willis Towers Watson.
In its fourth annual FTSE 350 DC Pension Scheme Survey, the consultancy found this was the highest rate recorded so far. For FTSE 250 schemes, contributions saw a rise to 6.1% from 4.3% in the same period....
Evolve Pensions has launched a new member website called Evolink for its Crystal master trust, which includes additional online functionality to its previous system.
Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
The People’s Pension’s (TPP) plans to overhaul its charging structure have been delayed following system testing issues.
The Pensions Administration Standards Association (PASA) has published its first batch of guidance on defined contribution (DC) master trust transition, as further consolidation is expected.