Aon Hewitt will sub-contract the administration of three public sector schemes to Equiniti as part of its move out of the standalone pension administration services market.
The arrangement, which is subject to contract, will cover the clients serviced out of Aon's office in Forss, Scotland. PP was told the names of the schemes cannot be disclosed. It follows on from Aon's...
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