UK - Government should look to use public-private partnerships to address taxpayer exposure to defined benefit longevity risk, Swiss Re says.
In its report, [asset_library_tag 1667,'A short guide to longer lives: Longevity funding issues and potential solutions'], the insurer warned that underestimating life expectancy by one year can increase...
“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.