The Pension Protection Fund has announced that the levy estimate will be £630m with fewer schemes having their levies capped.
The lifeboat fund said it will reduce the levy scaling factor from 0.89 to 0.73, and reduce the scheme-based levy multiplier from 0.000085 to 0.000056. The updated rules for calculating schemes' levies...
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.