More than a third of pension schemes have appointed or are considering appointing an IFA to support their members, XPS Pensions Group research has found.
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
The UK's largest asset management brands were mostly ranked lower or no different by investment consultants in Edelman's brand index than two years ago. Holly Roach looks at the findings
A large number of pension schemes are falling short of The Pensions Regulator's (TPR) governance and trusteeship expectations, according to research by XPS Pensions.
The introduction of long-term funding targets for defined benefit (DB) schemes could create an accounting gap of £260bn between the liabilities reported by companies and schemes, XPS Pensions has warned.
This week's top stories included BESTrustees converting into an employee ownership trust, and XPS Pensions Group publishing its full-year results.
XPS Pensions Group has published its final results for the year to 31 March, posting revenue of £109.9m and pre-tax profits of £11.4m.
There has been a significant increase in the number of 'red flags' reported on pension transfers in the last 12 months by the XPS Pensions Group, which it said leaves millions of pounds at risk.