A growing number of schemes are looking at ways to address their admin challenges. Heather Quelch says consolidation could be one option to consider
There is plenty of anecdotal evidence that many defined benefit (DB) pension schemes are dissatisfied with the levels of service they receive, even on core elements including administration. And just because...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.