The fifth annual Kim Gubler Administration Fee Survey finds smaller schemes are paying many times more per member for their admin than their larger counterparts. Helen Morrissey looks at the data to find out why.
The survey looked at the highest, lowest and average unit cost per member (UCM) across all scheme sizes and found that the highest cost 200 member schemes could be paying almost six times as much as the...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.