News

There will be 8,676 intra-employer transfers between defined benefit (DB) and defined contribution (DC) schemes each year as a result of additional DC freedoms, according to a government impact assessment.

The biggest stories on PP this week involved controversy over the LGPS, an overhaul at Santander's scheme, a new chief exec at TPR, and a PPF sell off. Here are the top five.

The proportion of Department for Business, Innovation and Skills (BIS) employees who participate in payroll giving has fallen by half a percentage point in almost two years.

The Pensions Regulator (TPR) has appointed Lesley Titcomb as chief executive.

Most trustees say their default investment strategies still assume members will annuitise when they retire despite expecting annuity sales to plummet.

The Pensions Regulator (TPR) has revealed plans to publish a list of approved auto-enrolment vehicles to help the smallest employers find a scheme.

The University and College Union (UCU) has agreed to suspend industrial action over planned changes to the Universities Superannuation Scheme (USS) until next January.

Four in 10 (42%) female employees believe their organisation should offer general information about retirement planning, findings given exclusively to WSB reveal.

The London Pension Fund Authority (LPFA) has appointed asset management expert Chris Rule as chief investment officer (CIO).

The Local Government Pension Scheme (LGPS) deficit will keep on rising if funds continue to invest in gilts and bonds instead of infrastructure, London Pension Fund Authority deputy chairman Merrick Cockell has warned.