Dutch pension fund PMT has appointed Lenneke Roodenburg as its new director
The UK’s pensions governance and regulatory framework could become “unfit for purpose” within the next decade as consolidation reshapes the defined contribution (DC) market, a report from the Social Market Foundation (SMF) has warned.
The paper, authored by pensions expert, Michael Johnson, argued that consolidation under the forthcoming Pension Schemes Bill could leave as few as 10 dominant “megatrust” providers by the mid-2030s, creating institutions of systemic importance that the current regulatory regime was not designed to oversee




