Employers view most pension scheme charges as unfair for members except for the annual management charge, according to a report by the National Association of Pension Funds and B&CE.
The research, based on focus group interviews run by IFF Research, focussed on how well employers of all sizes understand pension charges. The report found most employers viewed AMCs as fair because...
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.