Nest has unintentionally been overstating its annualised investment performance by 0.3 per cent, presenting returns as net when they should have been presented as gross. The error, which the provider has recently...
The Pensions Regulator (TPR) has confirmed that Willis Towers Watson's LifeSight has become the first master trust authorised under new laws to implement tougher standards in the market. Master trust authorisation was...
New rules mean trustees need to take a hard look at the way asset managers tackle environmental, social and governance (ESG) risks says LGIM’s Head of DC Client Solutions Simon Chinnery. What...
Service levels, a provider contact, digital capability, price and M&A are the five factors driving an increase in switching that Aviva says has led to a near-doubling of enquiries from employers looking...
The armaments sector is more likely to be excluded from default funds operating an ESG approach than the fossil fuel sector, according to an indepth report, ESG in DC Pensions, from Corporate...
New figures from the Department of Work and Pensions show that 10 million workers have now been automatically enrolled into a company pension scheme. This is seen as a significant milestone for...
Half of all pension records contain errors, some of which are so fundamental that one in 20 people’s monthly payslips may be wrong, according to data from Pensionsync. The analysis found errors...
An accounts manager who attempted to conceal the fact that restaurants had not given their staff workplace pensions has been ordered to pay £5,000. Bradford-based Mansoor Nasir submitted false declarations of workplace...
The Department of Work and Pension is consulting on proposals designed to encourage DC pension schemes to invest in a wider range of assets. Under these proposals trustees of larger occupational DC...
The TUC has accused the Government of “dithering” on pension reforms, which is costing lower paid workers thousands of pounds in lost contributions. It has calculated that if the Government sticks to...
