On the go: Willis Towers Watson’s LifeSight is the first master trust to gain authorisation, the Pensions Regulator confirmed on Wednesday.
Unregulated companies source of 52% of all scams
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February 20, 2019
On the go: More than half of all scams can be linked back to unregulated introducers or advisers, according to research by the Pension Scams Industry Group.
Significant decrease in number of AE compliance notices issued
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February 14, 2019
On the go: The number of auto-enrolment compliance notices issued by the Pensions Regulator reduced substantially during the final two quarters of 2018.
Mercer Marsh Benefits unifies in the UK
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February 14, 2019
On the go: Mercer Marsh Benefits has regrouped its UK and benefits teams under the MMB brand. The restructure follows the acquisition of Jardine Lloyd Thompson Group by Marsh & McLennan, the parent company.
Relief for pension schemes as CPI falls to 1.8 per cent
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February 13, 2019
On the go: UK pension schemes will get a small measure of comfort from the current inflation figure, with the consumer price index falling for the third month in a row to 1.8 per cent in January, the lowest level since January 2017.
UK pension schemes’ deficit falls to £23.1bn
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February 13, 2019
On the go: UK pension schemes have beaten the January blues, with their total deficit down by £8.8bn, according to recent Pension Protection Fund figures.
Pensions minister confirms commitment to CDC schemes
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February 13, 2019
On the go: The minister for pensions and financial inclusion, Guy Opperman, has confirmed that the government intends to proceed with legislation to implement collective defined contribution schemes.
Only 8% of UK investors ready to comply with EU SRDII
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February 13, 2019
On the go: A tiny proportion of institutional investors across Europe are ready to comply with the EU Shareholder Rights Directive II coming into force this year.
IGC reports are ‘vague’ and lacking information, says Labour MP
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February 11, 2019
The effectiveness of independent governance committees has come under the spotlight in the Work & Pensions Committee’s hearing on pension costs and transparency inquiry, with the bodies blasted for lacking information.
Gender pay gap narrows at PPF to 17.2%
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February 8, 2019
On the go: Women’s pay has been edging up at the Pension Protection Fund (PPF) but the median gender pay gap is still a shocking 17.2 per cent, a drop of three percentage points from last year (20.4 per cent in 2017).