Steve Webb should consider setting up a central pension's registry as part of his drive to ensure pension pots are for life, a provider says.
B&CE - which launched the People's Pension as a rival to NEST - said the registry would help overcome growing problems associated with small pension pots and portability. The suggestion comes a day...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".