Members of the EMI Group Pension Fund have been issued annuity policies in the wake of the landmark £1.5bn buyout last year.
Citigroup, the sponsoring employer since 2012, completed the transaction with Pension Insurance Corporation (PIC) in July to cover all risk associated with the liabilities of the scheme's 20,000 members...
PFI’s retirement business, also known as Prudential Retirement, is expanding its global longevity reinsurance business with an offering driven by growth in the UK pensions market.
Professional Pensions is looking to speak to a number of member-nominated trustees.
This week’s top stories included a ruling for a convicted trustee to return £292,000 in stolen pension funds, while the long-awaited timeline for the pensions dashboard was announced.
A convicted fraudster has been ordered to repay £292,000 which he transferred from savers’ pension pots and funnelled into businesses he part-owned.