Bill set to introduce requirement for DC schemes to operate default arrangement of at least £25bn AUM from 2030
Pensions industry responds to consultation on VfM framework for DC schemes
Firm’s annual results show workplace pension membership has reached 2.2 million savers
Regulator’s report suggests insurance market is able to absorb all schemes intending to buyout over next decade
Drop driven by lower new business margins on lower sales
Marks second consecutive year the lifeboat fund will not a charge a levy to conventional DB schemes
Transaction secures the benefits of all 220 scheme members
Organisation highlights ‘ongoing value’ of proportionate and regular covenant monitoring
LCP said around 70% of the pension provided by CDC will be from investment strategy and 30% from contributions
Transaction secures the benefits of all 680 scheme members