Independent Governance Committees (IGCs) will have only limited powers to improve value for money in contract-based schemes due to legal constraints, it has been warned.
The concerns come after the Financial Conduct Authority (FCA) last week issued final rules for the IGCs introduced from April to strengthen governance in contract-based schemes. Linklaters pensions...
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.