The Department for Work and Pensions' (DWP) recently launched consultation on defined ambition (DA) will unquestionably encourage many corporate sponsors to continue to support their current defined benefit (DB) schemes.
Others will see the flexibility proposed as a route to reducing their costs. As benefits are made more flexible the cost of buy-out becomes more manageable. Lower premiums on offer from insurers as a result...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.