AROUND two-thirds of pension schemes have not carried out an independent assessment of their sponsor's covenant, research has found.
And Lane Clark & Peacock’s Prudence Index revealed that only half of schemes which had gone through a valuation under the new scheme funding regime, had commissioned an independent review of the covenant....
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).