Pension transfer values remained high during 2017, fluctuating throughout the year but ending at £236,000 - little changed from the 2016 end of year figure, £234,000, according to the Xafinity transfer value index (TVI).
The difference between maximum and minimum readings throughout 2017 was £17,000, or about 7%. In the final month of the year, the TVI increased by 1.7%, continuing the relative stability seen during...
The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.
Con Keating says last week’s Pensions Buzz survey indicates the true feeling of directly affected schemes to The Pensions Regulator’s DB funding code proposals.
The Universities Superannuation Scheme (USS) trustee board has warned investment returns will be lower in the future than expected as it edges closer to concluding its 2020 valuation.
Pension transfer values ended 2020 at £259,000, 8% higher than the start of the year, according to XPS Pensions, after suffering periods of substantial volatility linked to the pandemic while potential scams reached record highs.
The Pensions Regulator’s (TPR) long-term funding approach will put extra financial pressure on UK pension scheme sponsors, according to Aon.