That some employers are beginning to arbitrage differences between regulations for trust-based and contract-based defined contribution schemes should be no surprise.
The problem seems to be that, after spending years moving away from trust-based DC schemes due to their complexity, a small minority of firms are now realising they can save money by getting workers to...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.