Personal accounts should not be run on a flat rate annual management charge, the UK's largest stakeholder pension scheme warns.
But B&CE Benefit Systems – which has around 500,000 construction industry workers as members of its scheme – admitted finding the right charging structure would be a difficult job for the Personal Accounts...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.