News

Massive exit fees and data transfer restrictions are making it difficult for schemes to switch administration provider, industry figures say.

The overall winner of the 2010 Art of Pensions competition, Anthony Hart of MNPA, receives his trophy from Pendragon managing director Simon Freeman and PP editor Jonathan Stapleton at the awards lunch, held in London last week.

Aon Hewitt and Baillie Gifford have signed up to straight-through processing for defined contribution transactions through Calastone's SWIFT bureau service.

Only 34% of pension professionals feel they are paid in line with the market, but more reported salary increases this year, a Sammons Pensions poll shows.

Buyout companies will move into alternative asset classes from 2013 because of changes to the way they hold capital under Solvency II, consultants say.

Short service member refunds should by default be transferred to another scheme facilitated by the ceding scheme, Legal & General says.

UK commercial property returns will remain muted for the rest of the year but should deliver near double-digit returns to investors over the long term, research shows.

Public sector pension reform will be back on the government's agenda within five years because Lord Hutton "bottled" his review, a leading academic says.

Trustees could save scheme members thousands of pounds in tax if they retrospectively change their pension input periods to mirror the fiscal year, a consultant says.

Lord McFall's pension saving committee risks becoming redundant because the pension system is already on its way to being fixed, Tom McPhail says.