B&CE, the provider of The People’s Pension, has furloughed just under a quarter of its members of staff in response to pressures from the Covid-19 crisis.
B&CE has launched a redundancy consultation with staff as part of a plan to reduce costs and become more efficient.
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
B&CE turned 75 in October last year. Jonathan Stapleton speaks to Patrick Heath-Lay about how the not-for-profit provider has evolved since it was founded in 1942.
B&CE has appointed Nico Aspinall as its first chief investment officer (CIO) as it responds to an expected growth in its funds under management.
As part of our series looking at what firms did to win accolades at the UK Pensions Awards 2016, PP speaks to B&CE chief executive Patrick Heath-Lay about how the firm won the DC Pension Provider of the Year category.