Complications associated with the changes to the contracting-out regime should trigger scheme sponsors into reviewing their benefits they want to offer, a consultant says.
Punter Southall said the changes should give sponsors the impetus to review their scheme design and what they provide for employees. It said in a briefing note, from April 2012 rebates for contracted-out...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.