Michael Klimes finds assumptions that use annuities to underpin DC projections may need to be re-examined in light of Freedom and Choice
Since April 2003 any schemes offering defined contribution (DC) benefits have been obliged to produce statutory money purchase illustrations (SMPIs) every year. These projections are a snapshot of what...
A suite of liability driven investment (LDI) indices has been launched by STOXX and RiskFirst to aid trustees and consultants select, monitor and challenge managers.
British Airways and the trustees of one of its pension schemes are set to argue over the purpose of a pension scheme, leading to an impactful judgment for DB pensions. James Phillips explores the issue
Bank of England governor Mark Carney has said there is still a lot of data to consider before the Monetary Policy Committee (MPC) can decide when to next hike interest rates.
Savers are not squandering their tax-free lump sums under Freedom and Choice but are taking a more cautious approach to retirement, according to Prudential research.