PACKAGING manufacturer Nampak has replaced its trust-based defined contribution scheme with a group stakeholder pension plan because concerns over the growing number of regulations facing trustees.
The company said it decided against a trust-based money purchase scheme partly due to concerns about the onerous regulatory regime facing trustees and the associated cost of occupational schemes. The...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.