Sponsored Administration Panel: Mercer pensions technical manager Rosie Kwok gives the background for this month's discussion
The Department for Work and Pensions is currently consulting on draft legislation to abolish contracting out on a defined contribution basis from April 2012. Protected rights will become ordinary benefits....
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).
The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
Investors, driven by depressed interest rates, slower global economic growth and rich equity market valuations are examining non-traditional investment opportunities.