The Intelek Pension Scheme and Intelek Money Purchase Scheme have appointed HS Administrative Services as their administrator.
The defined benefit and defined contribution schemes have over £22m in assets and were previously administered by Multiplex. Intelek is part of US Based Teledyne Technologies, who provide electronic...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.