Statement sets out how trustees should communicate with savers over falls in DC pots
Deal comes on the back of a £300m pensioner-only buy-in completed in 2014
Rises in bond yields during the month cited as primary driver for rising surpluses
Schemes with lower levels of hedging saw largest funding improvements
XPS analysis finds that funding improved by nearly 20 percentage points over the year
Long-standing and dedicated ombudsman honoured for his services to the pensions industry and charity
Peer says messaging explaining the benefits of pensions could stop people opting out
Move comes in a bid to enhance services in financial wellbeing and pensions comms
One in five savers have either stopped or cut contributions in past twelve months alone
Deal expands Gallagher’s retirement, benefits & HR consulting, admin and technology offer