Kim discusses Master Trust and group contract based schemes and good governance.
Lesley was invited to write a guest blog for the eCommerce standards and services body for the UK financial services industry – Origo
In July 2015, KGC released its 6th Administration Survey.
If you would like a copy of this survey then please email Hayley – firstname.lastname@example.org
Hayley’s article in Pensions World talking about our 5th Actuarial Survey released earlier in 2015.
If you would like to view the survey results please click here
The UK enjoys a fairly competitive market for actuarial services but it appears that not all schemes are feeling the benefit. According to KGC Associates’ Fifth Actuarial Fee Survey, annual fees for schemes of all sizes fell in 2014 after several years of rising costs for most. However, an ingrained inequality remains. To read more, please click here
Smaller pension schemes are paying more in actuarial costs per member than larger schemes with more members, according to KGC. To read more click here
The Department of Work and Pensions (DWP) revealed its plans to consolidate small pots when savers moved jobs on 11 February. It confirmed it was going ahead with its preferred system of a pot follows member arrangement. The timetable is for the initial phase of pot-matching to be in place by autumn 2016, which DWP believes should give the industry time to develop any new systems required. To read more please click here
Industry figures have called on the government to raise the bar for schemes that can take automatic transfers of small pots. To read more, please click here
The Pensions Management Institute (PMI) announced Lesley Carline and Stephanie Hawthorne as the winners of this year’s Awards at its Annual Dinner, held at the prestigious Dorchester Hotel in London last night. Carline, Director at KGC Associates Ltd. was awarded the ‘Contribution to the PMI’ award and Hawthorne, Editor at Pensions World, won the ‘Contribution to the Pensions Industry’ Award. To read more, please click here