The UK’s pensions governance and regulatory framework could become “unfit for purpose” within the next decade as consolidation reshapes the defined contribution (DC) market, a paper published by the S ...
The UK pensions landscape must continue consolidating, Pensions Minister, Torsten Bell, has said, arguing that smaller schemes face higher costs, weaker governance and limited ability to invest effect ...
Workers should have more say in how their pensions are governed through mandated member representation on pension trustee ...
Pensions UK has appointed 21 industry experts to its policy committees as part of a refresh of its governance structure ...
Default investment strategies used by major defined contribution (DC) master trusts have become increasingly growth-focused over the past five years, as providers adapt to how savers now access their ...
An increase in decumulation options offered by defined contribution (DC) schemes has highlighted a ‘fundamental shift’ from a savings system to a pensions system, and smaller schemes should act or ...
Figures from across the pensions industry have responded to the Department for Work and Pensions’ (DWP) consultation on trusteeship and governance, raising concerns about the independence of trustees ...
Industry respondents have urged the government and regulators to refine aspects of the proposed Value for Money (VfM) Framework for pensions, warning that certain measures could distort comparisons be ...
Value leakage is presenting a major challenge for the UK defined benefit (DB) pensions sector, with fragmentation and duplicated costs risking resources being diverted away from members and sponsors, ...
Pensions UK has called on the government to remove the proposed reserve mandation power from the Pension Schemes Bill, ...
The Pensions Regulator (TPR) has encouraged trustees and employers to actively consider their defined benefit (DB) scheme ...
Pension trustees must not treat their first Own Risk Assessment (ORA) as a 'compliance exercise', Sackers has said, as schemes approach the earliest deadlines for completing the new requirement in Mar ...
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