A regulated apportionment arrangement (RAA) has been conducted for the British Steel Pension Scheme (BSPS) after no appeals were lodged since it was agreed in principle last month.
The Pensions Regulator (TPR) and Tata Steel confirmed the £15bn BSPS has now been severed from the company, with around 130,000 members due to transfer into a new scheme or enter the Pension Protection...
An abrupt change in interest rates "will lead to problems" in the real economy and financial markets, economist Gerard Lyons warns.
The Pensions Regulator (TPR) has banned three people from serving as pension trustees after around £9m was suspected of being scammed from 346 savers.
Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.
Schemes are increasing their usage of index strategies. Armit Bhambra looks at the four key factors driving this growth