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Buzz: Are there concerns in having a small number of larger professional trustee firms? - Vimarsana News

Buzz: Are there concerns in having a small number of larger professional trustee firms?

In this week's Pensions Buzz, we want to know if you think there are potential concentration risk concerns in having a relatively small number of bigger professional trustee firms acting for large numbers of UK schemes.

Research finds 73% of DB trustees plan to step down within three years - Vimarsana News

Research finds 73% of DB trustees plan to step down within three years

The majority (73%) of defined benefit (DB) pension scheme trustees are planning to exit their roles within the next three years, research by Charles Stanley has found.

UK pensions: defined contribution (DC) consolidation | Hogan Lovells - Vimarsana News

UK pensions: defined contribution (DC) consolidation | Hogan Lovells

The government is keen to see continued reduction in the number of DC trust-based occupational pension schemes, believing that a smaller number of large, well-run schemes will result in...

DWP urged to assess case for formal regulation of pension scheme administrators - Vimarsana News

DWP urged to assess case for formal regulation of pension scheme administrators

The Department for Work and Pensions (DWP) should assess the case for bringing administrators into formal regulation, an independent review of The Pensions Regulator (TPR) says.

Professional trustee 'market boom' only set to continue, LCP says - Vimarsana News

Professional trustee 'market boom' only set to continue, LCP says

The professional trustee "market boom" is only set to continue according to Lane Clark & Peacock (LCP) as its research finds 50% of UK pension schemes now have one...