Cardano Group has completed the acquisition of Now Pensions, a week after the master trust received authorisation from The Pensions Regulator (TPR).
Cardano has been appointed as fiduciary manager to six further schemes, contributing £1.5bn to its total assets under management.
From gold to government bonds, there are many instruments trustees can use to protect themselves if a recession hits, says Steven Berkovi
Here they are - the winners of the UK Pensions Awards 2019...
Kerrin Rosenberg says DB schemes can't afford to suffer lousy returns over the short term and make it all back in 10 to 15 years' time, because many of the assets will be gone.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Cardano Group has agreed to acquire 100% of workplace pension provider Now Pensions with just over six weeks to go until the master trust authorisation deadline.
This week's top stories include the Competition and Markets Authority issuing its final report for the investigation into investment consultants, and The Pensions Regulator launching its first fraud prosecution.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.
Crashing out of the European Union without a deal could cause a 37% increase in the aggregate buyout deficit for defined benefit (DB) schemes, says Cardano.