In July 2015, KGC released its 6th Administration Survey. http://www.professionalpensions.com/professional-pensions/analysis/2418295/kgc-survey-how-the-administration-market-is-evolving If you would like a copy of this survey then please email Hayley – hayley.mudge@kgcassociates.com
With increased demand for bespoke advice, can schemes get a better deal from actuaries on their everyday requirements?
Hayley’s article in Pensions World talking about our 5th Actuarial Survey released earlier in 2015. http://www.pensionsworld.co.uk/pw/article/actuarial-value-for-money-12335333 If you would like to view the survey results please click here
Lesley re-elected on to the PMI Council
https://www.pensions-pmi.org.uk/news-and-publications/pmi-announces-new-council-members-for-2015/
Actuarial inequality in the pensions industry
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
Smaller pension schemes paying higher actuary fees per member, KGC says
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 holes in DWP’s auto-transfer plans
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
Government urged to ban auto-transfers to ‘unlicensed’ schemes
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
PMI announces Award winners at Annual Dinner
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
Guidance guarantee recruitment drive raises hard questions
The Citizens Advice Bureau (CAB) and the Pensions Advisory Service (TPAS) have started recruiting staff to deliver the guidance guarantee. With April 2015 rapidly approaching, both organisations are working quickly to prepare themselves for the deluge of questions from the