The recession is increasing pressure on member-nominated trustees faced with conflict of interest issues around their interests as employees or union representatives, Trustee GAAPS warns.
The trustee search and selection firm said at least one third of pension fund trustees should be MNTs and within larger companies the role is normally taken by union representatives. The company warned...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.