Trustees are to be given new tools by the government to improve their oversight and clarify fiduciary duty in a shake up of trustee responsibilities.
The Department for Business, Innovation and Skills will next month publish detailed proposals to make companies improve their reporting practices to help trustees make sense of risks posed by equity investments...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.