The end of contracting out for defined contribution will save schemes £5.3m a year in administration costs, the government claims.
Responding to a written question, employment minister Chris Grayling said the abolition of contracting out resulted in seven pieces of regulation being axed on 6 April. He added that the government...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point