Member outcomes improve as transfers increase; but concern for the future remains
Outcomes have improved for scheme members choosing to transfer, according to research by XPS Pensions.
The firm's third Member Outcomes Survey - which considers the outcomes for 2,200 members who choose to transfer from the schemes that XPS administers - revealed a potential modest improvement in outcomes...
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Five stories you may have missed this week
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.
Sole trustees will want to shout about our code
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.
Exclusive: APPT sets out sole trusteeship code
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.
CMI: Mortality remains in line with pre-pandemic trends
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).
ITN Pension Scheme renews fiduciary appointment with Aon
Aon has been re-appointed by the £400m ITN Pension Scheme to provide fiduciary management services.
