This week's top stories included The Pensions Regulator's announcement that it would carry out spot checks on the UK's largest employers. Also, River and Mercantile revealed it had been appointed to run a £1.16bn fiduciary mandate and the Financial Conduct Authority unveiled its cost disclosure rules for contract-based schemes.
The Pensions Regulator is carrying out spot checks on the UK's largest employers to protect savers and ensure staff continue to receive the pensions they are due.
River and Mercantile has revealed it has been appointed to run a £1.16bn mandate, the details of which were undisclosed.
The Financial Conduct Authority has set out new rules for cost disclosure for contract-based pension schemes, with default funds now required to publish cost and charges data by 31 July 2021, based on 2020 figures.
The Schroders Retirement Benefits Scheme is allocating £800m of its defined benefit assets to its in-house cashflow driven investing building blocks.
Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme - insured by Aviva - in a deal worth £2.3m.
Disagreements between trustees and consultants can be difficult, but they are necessary to improve the quality of decision-making, says Paul Richards.
Textiles company AW Hainsworth has secured a buyout for its defined benefit pension scheme in a deal worth £2.3m.
Rising life expectancy and falling fertility rates are leading to ageing populations. Jonathan Stapleton considers latest research assessing how this trend is impacting pension systems around the world.
This week's 104 Pensions Buzz respondents agreed that the regulations surrounding chair's statements are too harsh.
The UK formally left the EU on 31st January. But, as Jonathan Stapleton says, the world goes on, especially in pensions.