SCHEMES will get a unique 11-digit identification number when the Pension Protection Fund issues levy invoices next month.
The scheme/section identifier – or SSID – will allow the PPF to check details quickly and accurately if a scheme wishes to query its levy or make enquiries. The PPF has also updated its website to...
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.