Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings
The combined IAS 19 accounting surplus of Royal Mail's defined benefit (DB) schemes fell to £2.2bn in March from £3.8bn a year ago, according to its annual report.
Some 90% of schemes have seen an increase in the number of requests from members for transfer values over the last 18 months, according to an Aon study.
Some 95% of defined benefit (DB) trustees and sponsors are concerned about the consequences of members getting inadequate support for their retirement options, according to Hymans Robertson research.
Susan Mcllvogue has been appointed as head of Hymans Robertson's trustee defined benefit (DB) business, replacing Callum Cooper.
BT and the trustee of its pension scheme have agreed to contributions totalling £12.3bn over 13 years to plug its actuarial funding deficit.
Legal & General Mastertrust has appointed David Butcher to its board of trustees.
Lorraine Harper says without high quality data, scheme sponsors and stewards are at risk of stumbling into bad decisions and damaging the vulnerable
A report by Pinsent Masons calls on trustees to be more proactive on the risks posed by climate change, warning it is no longer a 'nice to have'. Stephanie Baxter considers the action points
Stephanie Baxter says the IC Select performance standard is an important step towards greater transparency, but wonders if it goes far enough