UK - The pension scheme risk transfer market is set to grow a further £20bn ($32bn) over the next 18 months, Hymans Robertson figures predict.
The pension scheme risk transfer market is set to grow a further £20bn over the next 18 months, Hymans Robertson figures predict.
The Pensions Regulator will publish detailed guidance for large employers and intermediaries on compliance with employer duties in May.
Regulation amendments that require scheme administrators to provide individuals' National Insurance numbers to HM Revenue & Customs could go "horribly wrong", a lawyer warns.
The interaction of the CPI switch with existing annuity provision and scheme rules will cause considerable complexity for trustees in some cases, a lawyer warns.
UK - Buyout deals totalled £8.1bn ($13bn) last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.
Buyout deals totalled £8.1bn last year, with £1.6bn of this business written in Q4 alone, research by JLT Pension Capital Strategies shows.
The National Association of Pension Funds is once more pressuring government to increase issuance of long-dated and index-linked gilts to help schemes better match liabilities.
Pension Corporation saw a £54m reduction in new business value last year due to quieter market conditions, preliminary results show.
UK - The Department for Work and Pensions must avoid the "bear trap" of setting rigid rules to govern default funds, AllianceBernstein warns.