Failing to keep an accurate record of member data can have expensive consequences on wind-up in spite of legislation in place to protect trustees, a lawyer warns.
SNR Denton senior associate Rebecca McKay said trustees should place a high premium on record-keeping to ensure they do not lose track of members who can make viable claims on assets after a wind-up or...
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.