Trustees should prepare for tougher funding negotiations as scheme sponsors seek to counter the impact of new accounting rules, law firm Hammonds warns.
Pensions partner Francois Barker says IFRIC14 – a new interpretation to be applied to the international accounting standard IAS19 – will effectively double trustee negotiations as companies take a “two-pronged...
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.