This week’s top stories include Thomas Cook’s four pension schemes being poised to enter a Pension Protection Fund assessment period.
Also, Rothesay Life agreed the UK's biggest ever buyout, at £4.7bn, with the GEC 1972 plan, and four master trusts were approved by The Pensions Regulator.
Thomas Cook's four UK defined benefit pension schemes are expected to enter the Pension Protection Fund as the company begins insolvency proceedings.
Rothesay Life has agreed the UK's largest ever bulk annuity deal to date - a £4.7bn buyout of the GEC 1972 Plan, making 2019 officially a record-breaking year.
Now Pensions, Scottish Widows Master Trust, Aspire Savings Trust, and the ITB Pension Funds have been authorised by The Pensions Regulator.
Pension schemes could be accidentally pushing themselves further from their endgame by agreeing "fashionable" buy-ins with insurers.
Over half of all UK defined benefit schemes have reduced their investment in equities over the last two years while diversifying into alternative growth assets, according to Aon.
PMI president Lesley Alexander and the institute's immediate past-president Lesley Carline talk about the challenges of Covid-19 and the opportunities and challenges the industry faces in the future.
The Pensions Administration Standards Association (PASA) has announced global consultant Deloitte as its expert knowledge provider for data.
This week’s top stories included further support for an overhaul of the pension tax regime, while the Treasury confirmed the Retail Prices Index will be reformed by 2030.
XPS Pensions posted a 9% increase in revenues during the six months to 30 September – a rise driven by a number of large client wins.
Here they are - the winners of the 3rd annual Women in Pensions Awards...