DB is to become more costly under reforms to NI contributions. PP looks at the options for sponsors.

Hymans Robertson has promoted seven employees in its pensions team to partner after reporting growth in several areas.

An overwhelming majority of millennials are considering including annuities in their retirement strategies according to research.

Smaller schemes are increasingly looking to benefit from longevity de-risking opportunities offered through swaps and bulk annuities, accordingly to JLT Employee Benefits.

PP looks at the importance of independent advice when doing a buy-in or buyout.

LV= chief executive Mike Rogers has announced his intention to step down after ten years in the role.

The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.

Bentley Motors has been criticised over plans to pass £1.4m of national insurance (NI) costs onto the 1,300 members of its defined benefit (DB) pension scheme.

The number of defined benefit (DB) industry professionals has declined by just 4% over the past five years according to the Pensions Management Institute (PMI).

Redington has hired Jinesh Patel as vice president of its defined contribution (DC) and financial wellbeing consulting practice.