Grove Pensions Solutions has sought to tackle increased regulatory scrutiny by launching a new proposition for smaller defined benefit schemes.
The consultancy said ‘Grove Bundled+' will provide clients with an alternative to expensive bespoke models and non-specialist, fully bundled offerings. GPS corporate pensions manager Ken Tymms explained:...
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.