Government has launched an urgent review of equity investments after business secretary Vince Cable warned short-termism was risking the financial security of pension scheme members.
The short-termism review will be led by economist John Kay and will examine UK equity investment and its impact on corporate governance. It will also seek ways to better match the timescales of equity...
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