Deal is culmination of years of ‘prudent management’ by the trustee and secures benefits of all members
Pension schemes have been striving to find the ideal route to endgame for decades now.
What happens when buyers become sellers? We see a significant shift in the UK gilts market as key buyers including pension funds, the Bank of England and insurers are now turning into "net sellers" of these assets.
Former motorcycle business owner left three schemes with combined £10m shortfall
Former trustee to be sentenced in relation to five charges
Industry experts do not agree member engagement and data quality are priorities, according to research by networking site Mallowstreet.
Now Pensions, Scottish Widows Master Trust, Aspire Savings Trust, and the ITB Pension Funds have been authorised by The Pensions Regulator (TPR).
Cardano has been appointed as fiduciary manager to six further schemes, contributing £1.5bn to its total assets under management.
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
The Railways Pension Scheme's Industry Wide Defined Contribution (IWDC) Section and the Aon Master Trust have become the 12th and 13th master trusts to be authorised by The Pensions Regulator (TPR).