The trust-based defined contribution landscape remains composed of a vast number of small schemes that do not offer "value for money", according to The Pensions Regulator.
Statistics released by the watchdog show that of the 47,000 DC trust-based schemes, more than 90% have fewer than 12 members - 38,000 of which have just two to four members. And it said only 130 schemes...
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.