Why we need to say no to pension guarantees
The idea of a guarantee is well meaning, says Henry Tapper, but it is misguided,
Last week, the Institute and Faculty of Actuaries delivered a paper stating that it would be able to deliver a system of lock-in guarantees at a price of less than 1% pa of the fund that could be used...
More on Industry
Prudential Retirement expands its global longevity reinsurance business
PFI’s retirement business, also known as Prudential Retirement, is expanding its global longevity reinsurance business with an offering driven by growth in the UK pensions market.
How happy are lay trustees in their role?
Professional Pensions is looking to speak to a number of member-nominated trustees.
Five stories you may have missed this week
This week’s top stories included a ruling for a convicted trustee to return £292,000 in stolen pension funds, while the long-awaited timeline for the pensions dashboard was announced.
Trustee forced to return £292,000 stolen from workplace scheme
A convicted fraudster has been ordered to repay £292,000 which he transferred from savers’ pension pots and funnelled into businesses he part-owned.
