ETV code may change shape of offers: JLT
The code of conduct for incentivised transfer exercises published this summer will change the "shape and methodology" of some offers but will not end the practice, says JLT Pension Capital Strategies.
Director Simon Taylor, whose company temporarily suspended two exercises while the code was pending (PP Online, 15 May), said the vast majority of the industry is committed to supporting the code. He...
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Just completes £340m buy-in with Ibstock scheme
Just Group has completed a £340m buy-in with the Ibstock Pension Scheme in the insurer’s largest ever bulk annuity transaction.
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2020 is offering de-risking opportunities for smaller schemes
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