The BMW UK Operations Pension Scheme has insured £3bn of its liabilities with Deutsche Bank subsidiary Abbey Life.
The deal is the largest ever scheme longevity insurance deal to date. Abbey Life used the proprietary longevity models and structuring capabilities of Paternoster, the pensions insurer in which Deutsche...
Lack of consistency across defined contribution (DC) default funds may result in larger numbers of members opting out, Punter Southall has warned.
Fresh thinking is needed to make defined benefit (DB) schemes sustainable in wake of MPs’ damning conclusions on British Home Stores (BHS), according to experts.
This week we want to know if Theresa May’s (pictured above) government is downgrading pensions and if capital adequacy requirements for master trusts could make them insolvent.
The “superficial attractions” of the lifetime ISA (LISA) will “destroy pensions”, former pensions minister Baroness Ros Altmann has warned.