Jaishree Kalia reports that interest in hedging the longevity risk of active members could soar internationally following the news of the world's first such hedge being used in the UK
The interaction of the CPI switch with existing annuity provision and scheme rules will cause considerable complexity for trustees in some cases, a lawyer warns.
The UK pensions system is so badly designed it is a "toxic mix" which favours providers over savers and pushes people towards undersaving, Lord McFall says.
Aries Pension has launched a Retail Prices Index revaluation table to help defined benefit pension schemes who have to keep using the same RPI measure of inflation to revalue benefits.
Taxes will have to rise by more than £82bn a year to cover the pension, healthcare and benefits bill of the ‘baby boomer' generation, a report says.
The Financial Reporting Council wants to boost the strength of the UK Stewardship Code by monitoring the quality of communication between companies and shareholders.
The average worker saving into a defined contribution pension will be £10,000 a year worse off in retirement than those saving at the same rate in 2000, Alexander Forbes says.
Hutton reforms will have both benefits and drawbacks for outsourcing contractors, LCP says.