This week's top stories included IC Select's launch of a fiduciary management performance standard, and the High Court ruling that trustees can recover pension overpayments without a time limit.
Also, Royal Bank of Scotland (RBS) agreed to pay £3.5bn to its main defined benefit (DB) pension scheme, and research found young retirees significantly underestimating their life expectancy. 1) Fiduciary...
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.