The House of Commons has confirmed that the Work and Pensions Committee (WPC) will be chaired by a Labour member of parliament (MP).
HM Treasury has confirmed that the government will hold its Budget on 11 March.
Schemes are increasingly looking at longevity hedging as part of their de-risking process, according to a survey by Insight Investment.
Universities Superannuation Scheme (USS) will hold further discussions in the new year to agree on how to proceed with the scheme.
Insurers are now able to accommodate up to £30bn of bulk annuity transactions every year with no impact on pricing, according to Lane Clark & Peacock (LCP).
Increasing demand for global longevity reinsurance could lead to higher bulk annuity prices but less exact matching for longevity hedging, says Mercer.
Redington is in the process of securing private equity backing from Phoenix Equity Partners for an undisclosed amount.
Pension lifeboat funds including the Pension Protection Fund (PPF) cannot be required to pay 100% of benefits, but must ensure members remain above the poverty threshold, the European Court of Justice (ECJ) has said.
The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) has invested in an £805m pensioner buy-in with Scottish Widows.
Zurich has agreed to insure £800m of longevity risk for the pensioners of a FTSE 100-sponsored pension scheme.