News
Defined Benefit
Any surplus generated by The Pension Superfund will be shared between members and the defined benefit (DB) consolidator's capital providers, Alan Rubenstein has said.
12 July 2018
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2 min read
Admin / Technology
The Pensions Administration Standards Association (PASA) has created an administration governance checklist for trustees in response to the regulator's 21st century trustee initiative.
12 July 2018
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2 min read
Appointments
Robert Branagh is stepping down as president of the Pensions Management Institute (PMI), and is replaced by Lesley Carline who becomes its third female president.
12 July 2018
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2 min read
Law and Regulation
Four directors of two trustee firms have been banned from running companies for a total of 21 years following an investigation by the Insolvency Service.
11 July 2018
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1 min read
Law and Regulation
The High Court has approved Royal London's plan to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot.
11 July 2018
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2 min read
Law and Regulation
A trustee board has been fined £25,000 by The Pensions Regulator (TPR) for failing to complete 2012 and 2015 valuations for one of its schemes.
11 July 2018
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3 min read
Appointments
Clara, a defined benefit (DB) consolidator start-up, has appointed Richard Keyse as its chief technology officer.
10 July 2018
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2 min read
Defined Benefit
The combined deficit of the UK's 5,588 private sector defined benefit (DB) schemes was £85.6bn at the end of June, according to the Pension Protection Fund (PPF).
10 July 2018
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2 min read
Risk Reduction
The Institution of Engineering and Technology (IET) pension scheme has insured £50m of pensioner liabilities through a buy-in with Pension Insurance Corporation (PIC).
10 July 2018
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1 min read
Appointments
Border to Coast Pensions Partnership has appointed Dutch fund manager Robeco to oversee its shareholder voting and corporate engagement.
09 July 2018
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1 min read
