Trustee stories

The Pensions Regulator (TPR) has set out its new code of practice for collective defined contribution (CDC) schemes in Parliament today.  This follows a recent consultation on an updated code of practice...

The Pension Schemes Bill was finally approved by the House of Lords on Tuesday evening, following a further watering down of the mandation clause, and is now set to receive Royal Assent...

There has been a huge spike in pension savers taking tax-free cash in the last two years, amid speculation that Labour Government would restrict this facility in its first two Budgets. ONS...

Future Growth Capital, a joint initiative between Standard Life and Schroders, has appointed Gail Izat as a non-executive director to the board. Izat will continue in her current role as Standard Life...

A consolidation of assets into large schemes has led to more than half (£160bn) of occupational trust-based assets being overseen by fewer than 50 people, according to research by consultancy Lane Clark...

DC workplace schemes are making strong progress on net zero objectives, with 14 large multi-employer providers halving emissions on their main default, five years ahead of 2030 targets.  These findings were contained...

Aon has appointed Jenny Wiles to be the UK investment head of transitions within its investment team. Wiles joins from Willis Towers Watson, where the transition and onboarding projects for pension schemes...

Professional trustees are using artificial intelligence for wide range of functions, according to research by Hymans Robertson. Such trustees saw AI as particularly important for data management, simpler processes and help with...

Trustees should be required to take professional exams to drive higher standards across the industry according to the president of the Pensions Management Institute (PMI).  Speaking at the organisation's DC and master...

The Northern local government pension scheme, which manages more than £70 billion in assets, has named Elizabeth Renshaw-Ames as the incoming chair and Paras Anand as the new CEO. Renshaw-Ames joins from...