The buyout deficit of FTSE 350 pension schemes has reduced by £2.5bn since the introduction of Freedom and Choice due to an increased number of transfer exercises, Barnett Waddingham has found.
Around 10% of FTSE 350 listed schemes have carried out a pension transfer exercise since 2014, while the number of schemes able to reach buyout within the next five years is expected to rise by a third....
Have your say: Is the DWP right to mandate use of simpler annual statements for auto-enrolment DC schemes?
In this week's Pensions Buzz we want to know whether you think the Department for Work and Pensions is right to mandate the use of simpler annual statements for auto-enrolment defined contribution schemes?
Willis Towers Watson has set out a diversity action plan for the investment industry after its research found progress on diversity is “disappointingly slow” across the entire sector.
Standard Life Aberdeen and Fidelity have signed an open letter demanding action on inclusion in response to the Black Lives Matter movement.
This week’s top stories included the launch of Punter Southall’s defined benefit scheme consolidator, while The Pensions Regulator laid down three ‘gateway principles’ for superfund transfers.
Escalating standards for sole trustees will become a norm for reputable firms, even if they are voluntary, says Nigel Hill.