Trustees should be prepared for life expectancy of members to continue to increase rapidly despite data from the Office of National Statistics suggesting a possible slowdown, says Mercer.
Lorica Employee Benefits has launched a de-risking tool that allows members to see what value their defined benefit entitlements are worth in the annuity market.
Legal & General has appointed Dominic Carpenter as sales director in its pension scheme insurance solutions team, increasing its capacity.
Macfarlane Group has introduced a pension increase exchange option for active and deferred members after reducing pensioner liabilities by 35% through a similar exercise.
The code of conduct for incentivised transfer exercises published this summer will change the "shape and methodology" of some offers but will not end the practice, says JLT Pension Capital Strategies.
Research conducted by Barnett Waddingham on FTSE350 companies shows the negative effect of scheme liabilities is increasing.
The turmoil in the eurozone is creating a "bubble" in the buy-in market, consultants warn.
PensionsFirst has appointed Hugo James as chief executive of its insurance-based risk transfer business.
Activity in the bulk annuity market picked up last month after a slow start to the year, says Towers Watson.