XPS Pensions Group has published its final results for the year to 31 March, posting revenue of £109.9m and pre-tax profits of £11.4m.
The actuarial, investment consulting and administration business - which bought a number of Punter Southall businesses at the beginning of last year - said this represented a rise in revenue of around...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter