It has been eighteen months since it was announced the £16bn Greater Manchester Pension Fund would take responsibility for providing benefits to all existing and former public sector probation staff and Community Rehabilitation Companies (CRC) from 1 June 2014. Helen Morrissey looks at how the process has gone.
It has been 18 months since it was announced that the £16bn Greater Manchester Pension Fund (GMPF) would become the One Fund. This involves taking responsibility for providing benefits to all existing...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.