A code of practice on enhanced transfer value exercises due to be launched this summer will protect companies if employees complain to the Ombudsman following an exercise, says one of its authors.
Chairman of the working group behind the document Margaret Snowdon said all parties had agreed on the principles of the code which was still on track to be completed by early June. She added that once...
With pressures on health unlikely to abate in the near future, Aon's Guide to Risk Settlement analyses the cost of longevity reinsurance.
"The solvency deficit reported by our scheme actuary is much bigger than the company can afford. It's not worth us thinking about buyout now.. is it?"
Navigating the settlement market to find a solution that best meets an investor’s needs is a challenge that continues to plague the market
Concerns have been raised about making members more aware of risks to their defined benefit (DB) pensions, for fear of leading to panic and knee-jerk reactions.
The de-risking phenomenon is drying up long-term investment in younger generations as companies are forced to put more into defined benefit (DB) schemes, according to Ashok Gupta.