The number of pension schemes retendering for investment consulting services has dropped sharply over the last decade, IC Select research reveals.
Just a handful of schemes (2.7%) held a retendering exercise for these services in 2017, a sixth of the level this was at in 2008. Meanwhile, only 1.5% of schemes changed their investment consultant...
The British Medical Association (BMA) has warned chancellor Philip Hammond to reform the NHS pension scheme rules or doctors will reduce their working hours.
The lifetime allowance should be scrapped and replaced with a lower annual allowance, last week's Pensions Buzz respondents said.
Action for Children Pension Fund has outsourced its pensions administration to Trafalgar House.