Michael Klimes asks if introducing a requirement to appoint scheme lawyers would improve governance
The Pensions Act 1995 introduced the requirement for schemes to be audited annually and valued triennially. This largely stemmed from Professor Roy Goode's 1993 report, which recommended a statutory...
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Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.