The Mansion House consolidation drive is an acceleration towards fewer, bigger, better-governed schemes not a change in direction says The Pensions Regulator. Sam Grutchfield, interim director of master trusts and DC supervision at the Pensions...
There has been strong support for government proposals to introduce multi-employer CDCs, as the consultation on Occupational Pension Scheme regulations for these new arrangements comes to a close. However in their responses...
Consultants are calling for regulation need to be strengthened on multi-employer CDC schemes, to ensure all members have the same protections, when it comes to safeguarding pension benefits. Responding to the Department...
Smart Pension has welcomed the Chancellor’s aim to boost investment in productive assets by driving consolidation in the UK workplace pension market. But it said the target of schemes reaching £25bn by the 2030...
The Chancellor’s Mansion House speech setting out plans for a £25bn minimum threshold for multi-employer DC schemes could have an immediate impact on provider, experts have warned. Last week’s consultation proposing a...
Standard Life has appointed Alexa Mitterhuber to its DB de-risking team as director of defined benefits solutions. Mitterhuber joins from M&G where she specialised in corporate risk solutions following M&G’s re-entry into...
TPT Retirement Solutions as appointed Paddy Lye to its executive board as chief operating officer. Lye joins from the British Business Bank, where he also held the role of COO. This is...
The government is consulting on whether employee benefit consultants (EBCs) and corporate advisers should be regulated for the workplace pensions advice they give to employers. In a Treasury consultation published yesterday, The...
Employers could be required to establish a named executive with responsibility for retirement outcomes of staff under a Treasury consultation published yesterday. The Government is concerned employers are approaching the selection of...
The Government’s plan to set a minimum size requirement for multi-employer DC funds could face a challenge on grounds of discrimination against religious groups. Chancellor Rachel Reeves used her Mansion House speech...
