A higher level of basic state pension and the scrapping of much of the means-tested old age benefits regime has been the Holy Grail of many within the occupational pensions industry.
The quest could be over following last week’s Budget speech in which George Osborne confirmed the government would implement a single-tier state pension. Pensions minister Steve Webb said a single flat-rate...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".