There will be no transitional 'comply or explain' period for professional trustees to prepare for mandatory standards when they come into force later this year, a regulator-backed working group has announced.
In efforts to bolster scheme governance, the Professional Trustee Standards Working Group (PTSWG) has proposed these trustees should have to demonstrate compliance with six areas of standards, with chairmen...
Industry Voice: Sponsored by Eaton Vance
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.