XPS Pensions Group

The cost of equalising guaranteed minimum pensions (GMPs) will be less than 1% of total scheme liabilities for over half of all schemes, XPS Pensions has found.

Some investment consultants and fiduciary managers may be misrepresenting the conclusions of a major market competition review to clients, XPS Pensions says.

Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.

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.

This week's top stories include a chief executive being convicted of refusing to give information to The Pensions Regulator, and an Aon study revealing the industry is split on how to deal with GMP equalisation.

XPS Pensions Group's revenue totalled £52.2m in the six months to 30 September, according to its interim results.

PS Independent Trustees (PSIT) and HR Trustees (HRTL) have rebranded following their merger in January.

Tendering for fiduciary management has led to fees being reduced by between 19% and 22%, latest analysis by the Competition and Markets Authority (CMA) finds.

Partial defined benefit (DB) transfers are easier than trustees think and all schemes should offer them, XPS Pensions Group says.

Morgan Stanley Investment Management managing director Laura Bottega was recognised at the Women in Pensions Awards. She tells Stephanie Baxter what has been key to her success.