News

The new tax year brings a number of changes for pensions including the long-awaited name change for the Single Financial Guidance Body (SFGB).

A minority (13%) of trustees and corporate sponsors predict their organisation is "likely" or "very likely" to adopt a collective defined contribution (CDC) scheme by 2025, Willis Towers Watson finds.

JP Morgan Securities has reported the highest gender pay gap of any UK firm working with occupational pension schemes in 2017/18, PP analysis finds.

This week's top stories include Marsh & McLennan Companies' acquisition of JLT, and The Pensions Regulator authorising Legal and General's two master trusts.

Legal and General's (L&G) independent governance committee (IGC) has said the provider "used scale" to keep transaction costs low for funds in its workplace pensions business over 2018.

The Department for Work and Pensions has published its response to its consultation on the pensions dashboard - asking the industry to "create and test" consumer facing dashboards by the end of the year.

Aegon's independent governance committee (IGC) has said that overall, it has had "no specific cause for concern" over transaction cost reporting.

UK pension schemes have been asked to participate in a European-wide stress test despite the departure from the European Union being expected imminently.

The Cheviot Trust was one of 30 master trusts that applied for master trust authorisation to The Pensions Regulator (TPR) prior to the window closing on 31 March, PP can reveal.

The Pensions and Lifetime Savings Association's (PLSA) policy board has agreed a four-year plan focusing on consolidation, adequate contributions, effective management and well-run schemes.