Merseyside Pension Fund has reduced its foreign exchange (FX) costs by up to 50% after using independent reference rates to identify hidden fees.
After a review revealed its arrangements were not cost effective, the fund decided to use a data service run by New Change FX, which last year revealed schemes were being overcharged by £4bn a year for...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers