Changes to longevity assumptions for the latest round of triennial valuations have sent defined benefit scheme liabilities soaring by £50bn, longevity experts say.
Schemes who conducted valuations three years ago have increased their life expectancy assumptions for a 65-year-old pensioner by 1.4 years and for future pensioners aged 45 by 2.4 years in their most recent...
In this week's Pensions Buzz, ahead of Wednesday's Budget, we want to know whether you think Chancellor Rishi Sunak should freeze the lifetime allowance.
Interactive digital dashboards, cloud-based platforms, artificial intelligence and machine learning – all of these have a place in the exciting future of the pensions sector.
Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.
This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).