Trustees of defined contribution (DC) master trusts should begin preparing for future scale requirements under the forthcoming Pension Schemes Bill, according to new guidance from the Pensions Regulator (TPR). The regulator said...
Richard Parkin has been named as head of retirement at T Rowe Price. He will be expected to work closely with clients, regulators, and industry partners to lead the firm’s UK retirement...
Retirement savers may reduce or pause contributions or disengage from their pensions entirely due to current volatility in the jobs market, according to Kirsty Ross, proposition director at People’s Partnership Ross made...
Kris Black has been named as head of annuities at the UK division of international insurance firm Canada Life. In conjunction, Alice Watson has been named as head of home finance within...
Standard Life has appointed Nuwan Goonetilleke to be its interim chief investment officer, and the CEO of its retirement solutions and asset management division. This follows the announcement that the current incumbent...
Aegon UK has called for a two year trial period for the government’s upcoming Value For Money pension scheme framework, arguing that the “fiendishly complex” concept could not be widely adopted without...
ShareAction has called for stronger member involvement in their schemes, including through annual general meetings. The responsible investment non-profit made the comments in its response to the UK Government’s consultation on pension...
Trade body Pensions UK, formerly the Pensions and Lifetime Savings Association, has appointed 21 industry experts to its DB, master trust, local authority and DC committees. The four committees focus on specific...
Both the US and UK governments are encouraging the implementation of alternatives, including private markets, into DC schemes, but are doing so in very different ways. The US is encouraging allocations to...
Over two fifths of the UK’s DC schemes still offer no decumulation products according to The Pensions Regulator, which has urged smaller schemes to act or consolidate in savers’ interests. In advance...
