THE government has launched an informal consultation exercise on transitional protections following the abolition of the so-called rule of 85 last year.
The department of communities and local government said alternatives to the current tapered protection will be introduced – as long as affordable and legal solutions were found. The rule of 85 allowed...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.