The government will not legislate for a new consolidator for DB pension schemes in the upcoming Pension Schemes Bill, but is still exploring the potential for the Pension Protection Fund to take on the role in future.
The master trust provider has struck new partnerships with Spence & Partners and Van Lanschot Kempen as it seeks to modernise its services to defined benefit and defined contribution clients.
The Association of Member Nominated Trustees has welcomed the government’s planned approach to surplus extraction rules that will place trustees at the centre of decision-making.
Defined benefit pension schemes will be able to release surplus if they are overfunded on a low dependency basis, under proposals outlined by the government this week.
The government has set out a multi-year vision for how DC consolidation will play out, with transition plans to be put in place to help smaller providers reach its coveted £25bn target.
Giving the government the power to force particular asset allocations could undermine trust in the pensions system and introduce downside risks for pension schemes, the trade body has said.
The government plans to give itself powers in the Pension Schemes Bill to intervene in scheme asset allocation and LGPS fund mergers. We should probably be worried, writes Pensions Expert editor Nick Reeve.
Simon Eagle, a member of the Institute and Faculty of Actuaries’ (IFoA) collective defined contribution working party, explains that traditional defined contribution retirement in the UK is on the verge of a major transformation.
There are an estimated 50,000 amendments that need to be reviewed following the Virgin Media ruling. Matthew Swynnerton of the Society of Pension Professionals explores how trustees can approach this unenviable task.
After an illuminating day at the Pensions Expert DC Strategic Summit last week, editor Nick Reeve opines on the decumulation dilemma.
The latest hires, promotions and appointments for the week ending 23 May 2025.
The latest hires, promotions and appointments for the week ending 16 May 2025.
The latest hires, promotions and appointments for the week ending 9 May 2025.
Mercer’s Peter Gent will take on the new position of head of investment advisory at the end of next month as the pool prepares to offer strategic advice to its partner funds.
The master trust provider has struck new partnerships with Spence & Partners and Van Lanschot Kempen as it seeks to modernise its services to defined benefit and defined contribution clients.
The government has set out a multi-year vision for how DC consolidation will play out, with transition plans to be put in place to help smaller providers reach its coveted £25bn target.
Giving the government the power to force particular asset allocations could undermine trust in the pensions system and introduce downside risks for pension schemes, the trade body has said.
The forthcoming Pension Schemes Bill will give the government the power to force pension funds to invest in the UK.
The government will not legislate for a new consolidator for DB pension schemes in the upcoming Pension Schemes Bill, but is still exploring the potential for the Pension Protection Fund to take on the role in future.
The master trust provider has struck new partnerships with Spence & Partners and Van Lanschot Kempen as it seeks to modernise its services to defined benefit and defined contribution clients.
The Association of Member Nominated Trustees has welcomed the government’s planned approach to surplus extraction rules that will place trustees at the centre of decision-making.
Defined benefit pension schemes will be able to release surplus if they are overfunded on a low dependency basis, under proposals outlined by the government this week.