Half of all employers believe the cost of running a defined benefit scheme is now disproportionate to the value it provides, new research shows.
Buck Consultants’ fifth annual Key Pension Issues Survey found 50pc of the 123 respondents believed their pension scheme was too cumbersome and felt the alternative of giving employees money directly or...
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.