Smaller schemes hampered in a range of areas, Stoneport research reveals
Stoneport research looks at how member costs for small schemes could be reduced
DB consolidator says ‘major milestone’ will allow schemes a share of strategy control
Jacqui Woodward says small schemes may struggle to deal with the myriad issues highlighted in TPR’s annual update.
DB scheme consolidator Stoneport hopes to get 100 schemes signed up by the end of next year, but employer covenant will be vital, chief executive Richard Jones tells James Phillips.
Punter Southall has launched a defined benefit (DB) scheme consolidator in a bid to allow small schemes to cut their running costs, reduce risk and improve benefit security and governance.