Bulk annuity buyout firms could pick up a quarter of schemes in the next five years - but only if they slash their costs.
A snapshot poll at a Watson Wyatt seminar showed that while 25pc of firms were looking to transfer liabilities to insurance companies, only 4pc of the 100 defined benefit scheme representatives would be...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.