The bulk buyout market needs to convert just 5pc of third quarter quotations to start showing growth, Aon Consulting claims.
Aon’s latest quarterly survey on the pension buyout market revealed that the number of buyouts had fallen from 75 to 60 while the total value of business dropped to £239m from £346m in the second quarter....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers