About 80% of trustees spend less than 20 hours per quarter on investment related decision making, Aon Hewitt says.
The consultant's Delegated Consulting Survey 2010 also revealed one in four trustees are only able to dedicate five hours or fewer per quarter to investment. Aon Hewitt delegated consulting services...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter