Scheme trustees must assess sponsor's covenants regularly in a bid to understand funding risks, Standard & Poor's Pension Services says.
The firm said that while many trustees were getting to grips with assessing their sponsor’s covenant they needed to realise that these assessments needed to be upgraded frequently. S&P head of pension...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.