Ombudsman calls on parliament to launch compensation scheme
Insurer signed a £309m deal with unnamed scheme on 15 March
DC offering will invest in blend of private market asset classes
Spence & Partners analysis shows run on could be a viable option for some charity plans
Letter comes as higher education sector’s financial concerns intensify
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