Industry reacts to WPC report on DB schemes
The pension industry has welcomed the Work and Pensions Committee’s (WPC) report on defined benefit (DB) schemes, published today (26 March).
Source: professionalpensions.com
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The Morning Briefing: SJP net inflows fall; advice guidance plan 'won't solve problem'
Good morning and welcome to your Morning Briefing for Thursday 25 January 2024. To get this in your inbox every morning click here. SJP inflows fall by almost half St James’s Place (SJP) ended 2023 with record funds under management (FUA) – but net inflows fell by almost half. Although the company brought in £5.1bn
Source: moneymarketing.co.uk
Most DB sponsors to increase use of professional trustees
The majority (68%) of defined benefit (DB) sponsors expect to increase the use of professional independent trustees in the future, according to Hymans Robertson.
Source: professionalpensions.com
Autumn Statement 23: What to expect for pensions
The pensions industry is expecting clarity from chancellor Jeremy Hunt in tomorrow’s (22 November) Autumn Statement.
Source: professionalpensions.com
Companies could copy a worrying 'blueprint' set by BP to offload unwanted pension schemes - Defined Benefit
News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service
Source: pensions-expert.com