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...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.