The University of Reading has set up a new defined contribution pension scheme with BlackRock ahead of upcoming auto-enrolment obligations.
The fund manager said it will provide the University of Reading Pension Scheme with a full proposition of investment funds, administration and member communications. The existing final salary scheme...
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