The number of pension scheme investment professionals in the UK has increased by nearly a fifth (18pc) since 2003, Hymans Robertson says.
The increase has been driven by the proliferation of new products and increasing profitability, the consultant’s Market Overview 2007 claims. Hymans said the increase in product complexity had also...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.