News

This week we want to know if the 0.75% charge cap makes it harder to offer a good auto-enrolment DC default fund and if asset managers need to be more innovative in the way they charge schemes.

Government and regulatory focus on costs and charges will shift to defined benefit (DB) schemes over the coming years, PTL has predicted.

The collective deficit of defined benefit (DB) schemes fell 28% over the month according to the Pension Protection Fund's 7800 index.

Nudged winter fuel payments into life

The Local Government Pension Scheme's (LGPS's) Access pool has appointed UBS Asset Management to run the consolidated passive mandates for 11 administrating authorities.

Now Pensions will increase monthly administration charges for lower earners when minimum auto-enrolment (AE) contributions go up next April.

Sackers has hired Harriet Dove and Mike Fallow as associates, bringing its total number of lawyers to 53.

Pension Insurance Corporation (PIC) has agreed a £590m buy-in to insure all pensioner liabilities in the Wolseley Group Retirement Benefits Plan.

Six in ten hospitality workers are slipping through the net of automatic enrolment (AE), a Trades Union Congress (TUC) analysis has found.

Respondents say starting contributions from an earlier age will benefit workers at retirement.