Small schemes cost almost four times as much to run as big schemes and almost six times more than the largest funds, according to research from The Pensions Regulator (TPR).
The watchdog said defined benefit (DB) schemes with 12-99 members cost £1,054 a head annually, while for those with 1,000 to 4,999 members the figure fell to £281. The 25 schemes surveyed with 5,000...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.