Royal Mail set to close its final salary pensions to all employees; Governance code has led to ‘20%' fewer directors; Trustees should learn from practitioners; Default funds spark concerns
Royal Mail set to close its final salary pensions to all employees The Times (p45) Royal Mail intends to close its final salary scheme to all employees, risking further industrial action. The firm is...
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.