The bundled provider market is facing a "capacity crunch" on the delivery of pension solutions for companies ahead of their auto-enrolment staging date, a consultant warns.
Hymans Robertson head of defined contribution Lee Hollingworth (pictured) said a lot of large employers with unbundled, trust-based schemes will soon conclude bundled is better but questioned the capacity...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.