The Mansion House reforms also seek to create superfunds to consolidate the ‘fragmented’ defined benefit market.
The delay follows violent protests spurred by the French government’s decision to increase France’s pension age to 64 from 62.
TPR is warning trustees they could be fined up to £50,000 if they don’t provide key ESG data.
Despite decline, the British market topped £25 billion for the fourth straight year.
Maybe not, data from WTW and others show. Despite some losses lately, they remain in resilient shape. Here’s how.