The Pensions Regulator (TPR) must adopt a “pragmatic” approach to the 15% of UK schemes that have valuation dates within the next three weeks, Aon has said.
This week's top stories include ten tips for mastering virtual trustee meetings, and Unbiased's calculation that five to ten years is a reasonable amount of time for a workplace pension to recover from the market shocks of the Covid-19 crisis.
Aon has compiled ten questions to help the trustees of DC plans check the resilience of their schemes.
Professional Pensions’ expert panel discusses key considerations for trustees tendering for a fiduciary manager.
A rise in the use of virtual trustee meetings could prove challenging for those involved but there are ways to improve their effectiveness, Aon says.
This week’s top stories include Aon’s $30bn purchase of Willis Towers Watson, and the tapered annual allowance thresholds increasing by £90,000.
Aon has confirmed it will buy Willis Towers Watson in a $30bn (£23bn) all-share deal, becoming the UK's largest pension consulting firm.
The Department for Work and Pensions (DWP) says it will press ahead with a 10% increase to the general levy from 1 April, despite a severe industry backlash to a consultation on the issue.
The Xylem UK Pension Plan has confirmed a £255m buy-in transaction with Rothesay Life in the insurer’s first deal of 2020.
The industry has positive expectations for The Pensions Regulator’s (TPR) forthcoming funding code for defined benefit (DB) pension schemes, according to Aon.