The number of schemes facing trustee recruitment problems has increased a third in the last 12 months but is still underestimated, Trustees GAAPS says.
A survey disclosed in The Pensions Regulator’s annual corporate plan showed that 19pc of schemes admitted to recruitment problems – compared to 15pc in 2007. But according to the trustee recruitment firm...
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.