Phoenix Life has announced it completed a buy-in for its UK defined benefit (DB) scheme last December, making it the largest de-risking transaction of the year.
The insurer, which does not offer a bulk annuity proposition to the wider market, revealed the details of the £1.2bn buy-in for the PGL Pension Scheme in its 2016 annual results published on 20 March. ...
Clyde & Co has appointed Terry Saeedi and Matthew Ambler to its pensions team as partner and senior associate.
The government must find other ways to work out how to set the state pension age (SPA), says Adrian Boulding.
AA has launched a consultation with its final salary scheme members to revalue benefits in a career average section.
Over half of DB members that spoke to IFA transferred out last year, finds Willis Towers Watson research
A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.