Pensions deficits hit staff and customers hardest; Rail pension scheme shifts £540m into hedge funds; CM pulls out of group personal pensions
Pensions deficits hit staff and customers hardest Financial Times (p4) Employees and customers – rather than shareholders – are suffering most from the pressure on big companies to fill the “black holes”...
Aon, Mercer and Willis Towers Watson have renewed criticism of the Competition and Markets Authority (CMA) over its analysis of the benefits of tendering for fiduciary management contracts.
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.