If ministers hoped the European Court of Justice would end their misery over compensation for scheme wind-up victims, they have been sorely disappointed.
Instead, the ECJ has decided that the High Court must decide whether the government should make additional compensation payments to workers who lost their pension savings. The case was brought by former...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.