News

Court freezes early access pension plans; Ark investors could lose millions; Pension Regulator on the warpath

Mercer has restructured its administration business - moving away from a centralised model in a bid to give clients a more personalised service.

AUSTRALIA - Medicare will be responsible for the early release of superannuation on compassionate grounds after new legislation was introduced into Australia's Parliament this week.

Wendy Mayall, chief investment officer for Unilever's UK and Ireland pension scheme, is leaving her position after 16 years to rejoin the consulting industry.

US - Acadian Asset Management has appointed Goldman Sachs' Wesley Chan as director of research operations.

Standard Life has dismissed James Verner following the conclusion of an internal investigation.

Trustees must assess the impact of mergers and acquisitions involving sponsors and the impact these can have on the scheme's covenant, warns Punter Southall Transition Services.

Schroders' head of UK equities Richard Buxton said there are opportunities in the UK retail space despite the challenging year for the high street, thanks to depressed valuations.

Introducing the collective defined contribution model in the UK could increase typical members' pensions by up to 45% according to actuarial consultant Hamish Wilson.

The High Court has overruled a Pensions Ombudsman decision, saying more "generous allowance" should have been given because the member did not have legal representation.