An overwhelming majority of smaller schemes are failing to meet all standards of governance and trusteeship, The Pensions Regulator's (TPR) annual defined contribution survey shows.
Published today (1 August), the findings showed that just 4% of micro schemes, those with between two and 11 members, and 1% of small schemes, those with between 12 and 99 members, were meeting all of...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.