The 0.75% charge cap has been branded ‘nonsense' after government research found most providers could not calculate charges not covered by the limit that members were paying.
The research, carried out on behalf of the Department for Work and Pensions (DWP), surveyed 12 providers, including eight of the top ten by market share. It found most qualifying schemes run by these...
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.