The rise in DB-DC transfer requests can result in increased administration bills, according to Michael Klimes
At a glance DB schemes have been experiencing more transfer requests Some trustees do not review their contracts with administrators regularly This means schemes could be paying more in administration...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.