This week’s top stories include the Marathon Service Limited Pension and Life Assurance Scheme’s £610m full buy-in with Rothesay Life, while XPS Pensions Group warned mature scheme deficits could double under The Pension Regulator’s ‘fast track’ rules.
The Marathon Service Limited Pension and Life Assurance Scheme has completed a £610m full buy-in with Rothesay Life, covering the benefits of more than 1,400 members.
XPS Pensions has warned that mature schemes could see deficits double without a transition period under The Pension Regulator's proposed ‘fast track' funding rules.
Oversimplification must be avoided in The Pension Regulator's proposed revision of the defined benefit scheme funding code, and a third way might be necessary, the industry has said.
This year might prove to be a blip in the growth of the bulk annuity market despite volumes trending towards £25bn, according to Mercer.
The average recovery plan length for schemes in deficit has fallen by 2.2 years compared to three years ago, according to an Aon study.
Here they are - the winners of the 3rd annual Women in Pensions Awards...
Chancellor Rishi Sunak has warned that the UK’s “economic emergency has only just begun”, as he revealed that the Office for Budget Responsibility (OBR) has forecast the economy will contract this year by 11.3% - the largest fall in output for more than...
The UK’s cumulative excess deaths figure for 2020 is higher now than at the previous peak of 64,600 recorded during the first wave of Covid-19, the Continuous Mortality Investigation (CMI) says.
Trustees must be “accountable for the security of data and assets” to protect schemes and members from the risk of cyber attacks, according to The Pensions Regulator (TPR).
In this week's Pensions Buzz, we want to know whether you support the ruling that defined benefit (DB) trustees must equalise GMPs in past transfers.