TWO out of five trustees fail to meet The Pension Regulator's requirements for trustee knowledge and understanding, research by Alexander Forbes reveals.
A pilot TKU self-assessment test from the independent trustee firm found that 40pc of trustees had insufficient knowledge of new pensions regulations, which are due to come into force on October 6. ...
The High Court has blocked the £12bn transfer of Prudential's annuity book to Rothesay Life, citing the insurer's lack of "established reputation" and differing "capital management policies".
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.