Around two thirds of small schemes do not take action to prevent pension liberation fraud, according to a survey from The Pensions Regulator (TPR).
The Pensions Bill has received Royal Assent in Parliament, bringing reforms to state pension and the abolition of defined benefit (DB) contracting out closer.
Why schemes are reluctant to move away from developed equities
JP Morgan Asset Management has appointed Andy Seed to its defined contribution (DC) business.
Defined contribution (DC) default funds remain heavily dependent on the stock market, with the average fund investing 80% of its portfolio in developed market equities, says Schroders.
Master trusts do not need further oversight to maintain standards, Sarah Smart argues
The master trust sector needs compulsory regulation not voluntary assurance, says Morten Nilsson.
The Treasury Committee has welcomed "transformational" changes to defined contribution (DC) retirement income announced in this year's Budget.
Master trusts are set to come under further scrutiny following the publication of The Pensions Regulator (TPR) and the Institute of Chartered Accountants in England and Wales' (ICAEW) assurance framework.
Aon Hewitt has named Jon Bryant as area director for its London consulting team covering defined contribution (DC), risk and healthcare.