THE PENSIONS Regulator's code of practice on the modification of subsisting rights has come into effect.
The code explains that, under the Pensions Act 2004, changes cannot be made to scheme rules which might adversely affect members' benefits or pensions in payment, or would change benefits to money purchase...
Contract-based schemes could face requirements to disclose their firms' policies on environmental, social and governance (ESG) issues under Financial Conduct Authority (FCA) plans.
Kate Smith has been named head of master trust at Aegon following the acquisition of BlackRock's defined contribution (DC) businesses.
Andy Palmer says trustees and employers should prepare for a no deal, which could pose big risks to sponsor covenants