THE GOVERNMENT is "missing a chance" to create a worldwide market in longevity products by ruling out issuing mortality bonds, a consultant says.
Hewitt Associates senior corporate adviser Kevin Wesbroom called on the government to rethink its attitude to mortality bonds in a bid to “kick start” the nascent market in longevity-related products....
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.