XPS Pensions Group has revealed 70,000 defined benefit (DB) members are exercising pension freedoms each year, suggesting more education is needed to ensure better member outcomes.
Results from its second annual survey on member outcomes under freedom and choice tracked 1,800 transfers between June 2018 and March 2019, adding to the 6,000 transfers reported the previous year...
Plenty of risk remains in the Pension Protection Fund's (PPF) universe but the outlook on funding levels is positive, the lifeboat says as it launches its 2019 Purple Book.
A self-sufficiency approach is not riskless and trustees must consider covenant strength and longevity exposure. Chris Ramsey looks at the key considerations of running schemes on.
Pension transfer values fell in December, while the number of individuals taking a transfer value from schemes rose, according to XPS Pension Group.
Defined benefit (DB) and defined contribution (DC) master trust The Cheviot Trust has selected First Actuarial to provide actuarial services for the scheme.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2019 estimates on the various measures…