News

Amid concern that the cap on exit fees only applies to contract-based schemes, the minister has confirmed that a separate cap will be imposed on trust-based schemes.

Fidelity International will add State Street Global Advisors' (SSGA) target date funds (TDFs) to its defined contribution (DC) platform in the first quarter of this year.

Details are emerging of a cost transparency and disclosure code for asset managers that invest on behalf of the local government pension scheme (LGPS).

The Treasury will legislate to cap excessive early exit charges levied on savers using pension freedom, it has confirmed.

The Pensions and Lifetime Savings Association (PLSA) has called for proposed retirement risk warning regulations to be altered in a bid to bring them more in line with practice in the contract-based sector.

Church Commissioners for England has co-filed a shareholder resolution at ExxonMobil to force the US oil and gas giant to disclose how it will cope in a lower carbon world.

Trustees must accept there is no standard, one-way approach to guaranteed minimum pension (GMP) reconciliation, according to Helen Powell.

Margaret Snowdon has quit her role as director of JLT Employee Benefits to spend more time on causes which she believes are critical to the pensions industry.

Changes to defined contribution scheme (DC) governance over the last five years have not improved member outcomes, according to 61% of pension managers and trustees in a survey.

Lawrence Churchill has been appointed chair-elect of the Pensions Policy Institute (PPI) and will also succeed Michael Pomery as chairman of council.