Trustee stories

Aberdeen Group will replace Stagecoach as the sponsor of its £1.2bn pension scheme, in the first of its kind deal.  Under the terms of the deal, a £50m surplus will be shared...

The UK’s four million Muslims are poorly served by the pensions industry, and we need innovation from regulators, government, providers and industry professionals if we are to build a system that is...

Reckless conservatism is destructive to DC pension outcomes, so prioritise equities within default funds to drive better returns. That is the headline message from Stéphanie Payet, private pensions analyst at the OECD....

The Government will look to introduce new legalisation, to put a wider definition of trustees' fiduciary duty  onto a statutory footing. This announcement was made by the pensions minister Torsten Bell in...

XPS Group has expanded its risk settlement team with five new appointments. The consultancy says this comes after a rise in buy-in transactions over the past year, and reflects the firm’s investment...

Hargreaves Lansdown has appointed Doug Abbott to be its chief product officer. In this role Abbott will be responsible for HL’s £11bn fund management fund range, which includes its workplace offering —...

AI is already impacted the way people make pension decisions, and if providers harness its abilities this technology could drive better retirement outcomes. This was one of the key takeaways from a...

Sackers has created two new partners in its pension law business and made three other senior promotions.  Polly Ehrman and Emily Rowley have been promoted to partner, Hannah Savill and Lucy Bennett...

TPT Retirement Solutions’s DB Superfund has appointed Mercer as its scheme actuary and LCP to provide independent investment oversight.  The trustee board has also appointed Gowling WLG to provide legal advice and...

Fintech company PensionPay has partnered with Visa, to launch a new ‘digital wallet’,  to allow savers to make payments directly from their pension plan, via card or an app on their phone....