The government's decision to revalue pensions by Consumer Prices Index inflation has led to a "scheme rules lottery" for private sector schemes, a lawyer warns.
Pinsent Masons partner Carolyn Saunders said the move by pensions minister Steve Webb to switch from Retail Prices Index inflation to CPI has led to a divergence in the rules for funds across the industry....
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.