News

The code of practice on sole trusteeship being developed by the Association of Professional Pension Trustees is expected to be published within months, chairwoman Nita Tinn says.

The Money and Pensions Service (Maps) has revealed that stronger nudges from providers results in more Pension Wise appointments and greater take-up of guidance.

The Pension Schemes Bill will now move for consideration in the House of Commons after it was passed in the House of Lords yesterday (15 July) following a third reading.

Workplace scheme providers’ lack of “new and progressive products” is to blame for continued low engagement with pensions despite the success of auto-enrolment (AE), according to Cushon.

HM Treasury has announced it will resume the cost control mechanism for public sector pension schemes, noting the concern that the 18-month suspension has caused.

Alternative asset manager Gresham House is set to launch a residential property strategy targeting institutional investors and Local Government Pension Scheme (LGPS) funds.

The economic crisis caused by Covid-19 has reinforced The Pensions Regulator’s (TPR) view that its defined benefit (DB) funding principles are “right”, says David Fairs.

The number of FTSE 250 companies moving to a master trust is set to increase over the next two years, according to research by Willis Towers Watson (WTW).

Local Government Pension Scheme (LGPS) funds must carry out assessments urgently to understand the impact of the McCloud judgment, says Aon.

The pensions industry should expect a busy rest of the year as work on the pensions dashboard begins to ramp up, according to Pensions Dashboard Programme (PDP) principal Chris Curry.