China is to invest individual pension funds in areas of high market risk in a bid to reduce deficits.
The ministry of labour and social security’s move is part of China’s continuing pension reform. New plans for the scheme include a minimum custodian fee and a risk-control mechanism to safeguard the value...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.