The number of trust-based DC schemes has fallen by 40% over the last 14 years but the remainder have larger memberships, The Pensions Regulator's data reveals.
The regulator's snapshot of the current occupational trust-based defined contribution landscape showed fewer schemes were accommodating more members, although overall membership fell by 6% over the period....
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).