Industry figures are shocked at yesterday's revelation that one in four contract-based and bundled trust-based schemes are charging more than 1%.
The Independent Project Board (IPB) set up by the Association of British Insurers (ABI) found that up to £25.8bn of assets in these types of schemes is in funds charging 1% or more annually (PP Online...
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.