The latest comprehensive survey of liability management exercises from KPMG reveals a market that is evolving rapidly. The research covers the 14 months up to June of this year when a code of conduct was published that now effectively regulates the practice.
Over this period 100 exercises were completed, just over half of which were enhanced transfer value exercises, where members are given the chance to transfer out of a defined benefit scheme. There was...
The Work and Pensions Committee (WPC) is launching a probe into the long term viability of the UK’s 6,000 defined benefit (DB) schemes.
The government has published proposals to keep the British Steel Pension Scheme out of the PPF while reducing its liabilities to make Tata Steel UK more attractive to buyers. Stephanie Baxter explores the options.
More than a quarter of savers (28%) have never reviewed their retirement savings, according to figures from Aviva.
Eversheds has been appointed to provide legal advice to the trustee of the P&O Pension Scheme, with effect from May 2016.