Defined benefit (DB) pension scheme trustees and scheme managers should be taking action “now” to ensure that the move to pensions dashboards is as straightforward as possible, according to new guidance from Hymans Robertson.
The guide, Pension Dashboards are Coming, outlines the simple actions trustees can take to prepare for dashboards and the steps required to manage the transition
Pension trustees have “grave concerns” for their members as they approach retirement, with 92 per cent of trustees fearing they will be targeted by scammers, according to research by Wealth at Work and the Pensions Management Institute (PMI)
Industry experts have warned that the continued increase in inflation could leave retirees struggling to make their pension last, although many trustees are thought to be reviewing the way benefits are calculated to ensure savers don't miss out on inflationary increases
The London Borough of Bexley Pension Fund has announced the appointment of Redington as its investment consultant
The civil service has the highest proportion of employers that are contributing 20 per cent or more to employees’ pensions (67.9 per cent), although this includes compulsory social security, Investing Review’s analysis of Office for National Statistics data has found
Understanding the importance of diversity is one thing, putting diversity into practice is another. Francesca Fabrizi speaks to some of the pension firms that are leading the way with their diversity and inclusion strategies, to assist those who are looking to learn from their peers