THE UNIVERSITIES Superannuation Scheme has launched a consultation exercise with its 378 employer institutions seeking views on a range of options to meet rising future funding costs.
The options include raising the employers’ contribution rate, increasing the retirement age for new members or arranging for early retirements to be paid for by institutions rather than through the scheme...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.