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
The insurance industry faces a "severe" concentration of systematic longevity risk through the market for buy-ins, buyouts and longevity swaps, according to professor David Blake.
Punter Southall Investment Consulting has designed a service to reduce the complexity, administration and costs of de-risking strategies.
The Kuwait Petroleum Services Company Pension Scheme has secured a medically underwritten bulk annuity policy worth £42.3m with Partnership.
The Northern Bank Pension Scheme has entered into a £680m buy-in with Prudential, marking the largest bulk annuity deal agreed so far this year.
Caffyns has removed almost £9m of defined benefit (DB) pension liabilities from its scheme after switching its pension payments to the Consumer Prices Index (CPI).
Capita Employee Benefits and JLT Employee Benefits have signed up to use RiskFirst's PFaroe risk analysis software.