Nearly 200,000 people are waiting for their schemes to be assessed for entry into the Pension Protection Fund, the lifeboat organisation says.
The PPF said it had transferred 283 pension schemes - representing 75,651 members - in the six years since it has been operating. It said a total of 335 schemes, representing a total of 187,000 members,...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".