Members of the UK's biggest contract-based defined contribution (DC) schemes are paying significantly higher charges than members of trust-based schemes, according to research from Towers Watson.
The consultant's latest FTSE100 DC Pension Scheme Survey found that the average annual management charge (AMC) on passive funds was 0.22% in trust-based schemes and 0.38% in group personal pensions. ...
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.