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...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.