News

KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.

The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.

IC Select has launched an oversight service to empower trustees to challenge the quality and success of their investment advisers.

Evolve Pensions has launched a new member website called Evolink for its Crystal master trust, which includes additional online functionality to its previous system.

Pension funds have expressed concerns that the transport industry is lagging behind on helping to tackle climate change in line with international expectations.

Pension scheme trustees should actively engage financial advisers if members are looking to transfer out of their defined benefit arrangements and washing their hands of the process does not eliminate risk, a study has found.

Unilever has set out plans to overhaul its defined benefit (DB) pension arrangements in a bid to manage costs.

Metropolitan Thames Valley Housing (MTVH) is planning to set up a defined contribution (DC) pension arrangement to provide future benefits for current employees and new joiners through auto-enrolment (AE).

Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).

BlackRock has been appointed as the fiduciary manager for the UK Power Networks Group of the Electricity Supply Pension Scheme (ESPS).