The public sector will be forced to scrap final salary schemes and switch to money-puchase plans, BlackRock's head of defined contribution sales predicts.
And Emma Douglas told PP the industry would face “a wave of change” as major defined benefit schemes closed to future accrual over the next three years. She said DC was the only realistic option for...
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.