In a trial of Western Union’s Global Existence Transaction service, the London Pension Fund Authority (LPFA) has saved the equivalent of 5% of the fund's used in the pilot.
The service helps schemes check the identities of members living overseas, which funds must do each year. LPFA tried the service in 2013, and found some pensioners who participated had changed address....
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model
Britain's vote to leave the European Union has shocked pollsters and investors, but what are the legislative and regulatory changes schemes and trustees can expect? James Phillips reports
The combined deficit of UK defined benefit (DB) pension schemes has hit £900bn following Britain's historic decision to leave the EU.
The secondary annuities market will only work if the Financial Conduct Authority (FCA) puts in place adequate protections to prevent consumers being ripped off.