LCP also called for insurers to make further improvements
Regulator will now scrutinise DC schemes to check for value for members compliance
Former British Steel workers will be able to ‘reverse transfer’ their pots into a DB scheme
UK’s second ever superfund deal will provide £34m of new capital to secure pensions in full
Insurer completes two in-house deals ahead of entry into broader market for bulk annuities
Award comes in bid to unlock private capital to support innovative companies in the UK
Government working with ABI to ‘finalise a framework’ for monitoring participation
Consultation another step towards the new funding regime but challenges remain
Government decides to proceed with option 2, a rise of 6.5% across all scheme categories
Chancellor’s proposals could make schemes more risk averse