The Pension Protection Fund is set to become one of the largest pension schemes in the UK in the next five years, Hymans Robertson warns.
The consultant said this could put its finances under severe strain and that action should be taken. Head of corporate consulting Clive Fortes said: "We estimate that the PPF scheme could have £30bn...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).