The Universities Superannuation Scheme will launch a separate section of its scheme on 1 October to enroll members in its new career average arrangement .
The new section of the £30bn defined benefit scheme - to be called the ‘career revalued benefits' section- will sit alongside current final salary arrangements for existing staff and use the same governance,...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.