Defined benefit (DB) transfer values decreased slightly for a second month in a row on the back of rising gilt yields according to Xafinity's monthly index.
The index reduced from £238,000 at the end of October to £230,000 at the end of November, a drop of £8,000 or 3.5%. It tracks the DB transfer value that would be provided to a member aged 64 who is entitled...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
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