Increasing longevity may not be the biggest problem facing pension schemes, National Association of Pension Funds chairman Chris Hitchen says.
Hitchen told delegates at the Punter Southall Pensions Conference – held in London on Monday – that rising longevity would be most pronounced among wealthy groups of people who had not spent their careers...
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.