SCHEMES and sponsors ineligible for the Pension Protection Fund are looking at bulk annuities as a way of guaranteeing benefits, Paternoster says.
Chief executive Mark Wood told Cass Business School his company had been approached by a number of firms that wanted to safeguard workers’ pensions because they wound up before the 2004 Pensions Ac...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
