Pension transfer times have reached their lowest level since the end of the pandemic in 2021, despite a continuous rise in transfer volumes, data from the OrigoTransfer Index has found. The Origo Transfer Index, based on data from the Origo Transfer Service, reported that the average transfer time through the …
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TPT Investment Management (TPTIM) has launched a standalone fiduciary management offering for UK defined benefit (DB) pension schemes. The offering builds on TPT’s model of scheme consolidation and is provided by its in-house investment management function. The fiduciary management service will provide access to a range of investments, often not …
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The authorisation of the UK’s first collective defined contribution (CDC) has been highlighted as a “landmark moment” for UK pensions, with industry experts suggesting that this could be “just the beginning”. The Pensions Regulator (TPR) confirmed yesterday (13 April) that the Royal Mail Collective Pension Plan (RMCPP) successfully passed TPR’s …
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Interest in collective defined contribution (CDC) pension schemes is growing, with 58 per cent of employers supporting a CDC option being available, a 6 percentage point increase on 2020, according to research from the Association of Consulting Actuaries (ACA). The ACA’s 2021 Pension trends survey also found that 54 per …
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2018 saw a raft of consultations rushed through as Guy Opperman, Minister for Pensions and Financial Inclusion, promised to deliver a Pensions Bill in 2019. The bill aims to bring an end to the tinkering with pensions for some time. However, initially expected in May, the bill has been repeatedly …
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