News

This week's top stories include the FCA deeming half of the DB transfers it looked into unsuitable, DWP firing Workie and Fidelity International saying it will adopt a new active fund fee model.

JLT Employee Benefits has made two senior appointments to boost its investment consulting and fiduciary management proposition, including hiring Mercer's head of investment consulting.

The Dutch custodian bank is launching a dedicated financial technology team to build innovative and unique data solutions to improve pension scheme governance, PP can reveal.

Lifestyle strategies adopted as default funds do not adequately protect members from potential market downturn, latest research suggests.

Cases of suspected scams are the most common reason for The Pensions Regulator (TPR) using its section 72 power to demand information from companies or pension schemes.

Rory Murphy, trustee chairman of the Merchant Navy Officers Pension Fund (MNOPF), says trustees must do more to share best practice in bid to improve outcomes.

Douglas Hamilton, the head of pensions strategy at Royal Mail, says its proposals are fair and about affordability not cost-cutting.

The Lancashire County Pension Fund and the London Pensions Fund Authority have pooled £1.3bn of their existing credit investments into the Local Pension Partnership (LPP).

Royal Mail workers have overwhelmingly voted for strike action in response to the company's planned closure of its defined benefit (DB) scheme.

The Pensions Administration Standards Association (PASA) will set up a mediation service to help schemes resolve issues when changing third-party administrator (TPA), PP can reveal.