Guaranteeing indexation has increased the cost of providing defined benefit pensions by 12% over the past 20 years, according to Pension Corporation research.
Steve Webb has signalled that the government is considering scrapping compulsory indexation for defined benefit schemes in an effort to "swing the pendulum" back towards DB provision. Pension Corporation...
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.