Stay updated with breaking news from Db Consolidation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Just halfway through the week and already the pensions industry has been bombarded with proposed policy changes, documents, calls for action, and consultation responses. PP rounds up some things that have happened so far this week.
The first transfers to defined benefit (DB) superfunds are likely to begin as early as Easter, market commentators have predicted.
Clara’s appearance on a list of assessed superfunds is the news that many working in pensions have spent a long time waiting for – and a move that marks a significant step change for schemes and sponsors seeking a third way to fund their members’ retirements.
Stoneport has appointed Mobius Life as investment platform provider as it seeks to cut costs for smaller schemes.
Clara has become the first superfund to appear on the list of assessed defined benefit (DB) superfunds from The Pensions Regulator (TPR), clearing the way for the first scheme transfers.