Risk Reduction

The trustees of the AXA UK Group Pension Scheme have agreed a £2.8bn longevity swap with Reinsurance Group of America (RGA).

The government has introduced an income tax exemption for financial advice provided as part of employer-led transfer exercises from defined benefit (DB) to defined contribution (DC) pension schemes.

The 2015-16 tax year will be split into two mini tax years for the purposes of the annual allowance as part of transitional rules aligning pension input periods with the tax year, the government has announced.

In the fourth part of our series looking at what firms did to win accolades at this year's UK Pensions Awards, PP speaks to Pension Insurance Corporation head of origination Jay Shah about how the firm won the Risk Reduction Provider of the Year category....

In the second part of our series looking at what firms did to win accolades at this year's UK Pensions Awards, PP speaks to LCP partner Clive Wellsteed about how the firm won the Risk Reduction Adviser of the Year category.

The Pensions Ombudsman (PO) has dismissed a complaint against Royal London over its decision to turn down a transfer request into a suspected pension liberation scheme.

The Pensions Regulator (TPR) is considering bringing its guidance to trustees of large schemes on communicating new retirement flexibilities into line with Financial Conduct Authority (FCA) rules.

Sun Chemical Pension Scheme has given fiduciary manager Mercer the axe and handed the £360m mandate to Goldman Sachs Asset Management (GSAM).

A secondary annuity market would help with hedging longevity risk in defined benefit (DB) pension schemes, experts say.

The development of a capital market for longevity risk would ease the debt burden on future generations, Natasha Browne hears