UK - Consultants are urging the government to amend scheme wind-up buyout rules to give trustees the flexibility to use non index-linked assets when purchasing annuities.
They believe government action is needed to help the insurance market cope with a large influx of wind-ups over the coming months.
Current wind-up regulations mean that deferred annuities must be bought with bonds that match UK inflation rates.
But the market for inflation-linked gilts is drying up and industry experts have already warned that if a larger scheme went into wind-up it would use all the capacity that is left.
The UK must do more to address its ageing demographics, says Mercer, as its global pension index shows the country static in its rankings.
Retirees could benefit from more sustainable income and higher death benefits by including guaranteed income in the asset mix of their portfolios at retirement, according to research by Milliman.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.