The Pensions Regulator (TPR) will take action on poor scheme governance after its research found despite improvement among larger schemes, many trustee boards are failing to meet their duties.
The findings came on the back of two studies conducted in the spring by IFF Research and OMB to gauge how well defined contribution (DC) and defined benefit (DB) plans are run. It found the majority...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.