All defined benefit (DB) scheme sponsors are feeling the effects of the economic downturn. However, the charity sector is under particular pressure from the economic climate, its own demographic, the multi-employer DB regime and reform of the Local Government Pension Scheme (LGPS).
Under pressure Research from Carpenter Rees reveals that 70% of charities are concerned about their current deficit, and 57% have used their reserves to pay their liabilities. The survey of 100...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.