The Local Government Pension Scheme (LGPS) has introduced a new framework to measure investment performance and costs, and has awarded mandates to seven providers.
The move is in response to requirements for better monitoring of costs and charges, and assessment of investment performance in the new pooled structures. The framework is separated into three sections...
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.
Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.
The European pensions regulator has launched its second exercise to test the potential impact on schemes in the event of a market crash or longevity shock.